Bitcoin (BTC) is edging closer to the $100,000 mark, with a 40% rise since election day. However, the recent high volatility and correction raises doubts about whether the milestone can be achieved or if a plunge to $80,000 will occur first. Using advanced artificial intelligence (AI) models, it is predicted that BTC will reach $99,200 on Cyber Monday due to institutional interest and investor bullishness, despite lower trading volume and increased volatility expected during the holiday season. The AI also forecasts that Bitcoin will hit this high point on Saturday, November 30, at 3 PM UTC – 10 AM EST.
- Content Editor ( finbold.com )
- 2024-11-28
AI sets Bitcoin price for Cyber Monday