LIVEI think this AI's prediction of Bitcoin's trend in the second half of the year is worth paying attention to! I suggest you collect it for reference.
Spot on Chain: AI predicts that Bitcoin will rise to $100,000 in the second half of this year with a 63% probability
Spot on Chain posted on the X platform on April 25 that its institutional analyst team used Google Cloud's Vertex AI to run multiple models to predict Bitcoin prices.
AI predicts that Bitcoin prices will be between $56,000 and $70,000 in May, June and July, with a 48% probability of falling below $60,000 (the Bitcoin price was about $64,500 at the time). In the second half of 2024, Bitcoin prices are expected to fluctuate significantly, with a 63% chance of reaching $100,000. In the first half of 2025, there is a 42% chance that Bitcoin prices will exceed $150,000; if the range is expanded to the whole year, the probability of achieving this goal increases to 70%.
Spot on Chain said that this is not an investment advice, and predicting Bitcoin's future trend is a complicated task due to Bitcoin's limited history and changing market dynamics. The models are trained on historical data including Bitcoin halvings, interest rate cycles, ETF performance, venture capital adoption of new cryptocurrencies, and Bitcoin miner selling pressure.
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