OpenAI's latest AI model, o1, has provided a Bitcoin price prediction for the end of 2024. The bullish prediction suggests Bitcoin could reach prices above its all-time high, ranging between $80,000 and $100,000. However, the AI also has a bearish case, potentially keeping Bitcoin between $60,000 and $70,000. OpenAI believes that Bitcoin could reach around $90,000 by the end of 2024, assuming positive market response to the halving event, continued institutional adoption, and a stable macroeconomic environment. Bitcoin currently trades around $58,000 and must break out of its downtrend to regain previous gains. Other trading experts have also presented bullish BTC price predictions, aligning with OpenAI's forecast. OpenAI's o1 model considers factors such as the halving event, Bitcoin spot ETFs, regulatory environment, macroeconomic factors, market sentiment, and technological development and adoption as core fundamentals for Bitcoin's performance.



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