CandleFocus

GrokAI sets Bitcoin (BTC) price for December 31, 2024

Bitcoin has experienced several rallies in the past few months, reaching all-time highs above $107,000. Despite its strong performance, there is a possibility of stagnation and corrections. An AI model called GrokAI predicts that Bitcoin could reach $112,000 by December 31, 2024, but it is cautious due to potential exhaustion of momentum and profit-taking among investors. While there may be periods of consolidation and sideways trading, many analysts and experts have high expectations for Bitcoin in 2025, with price targets ranging from $250,000 to even $800,000.

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