Artificial Intelligence Predicts Bitcoin Price by End of Year

On September 12, artificial intelligence (AI) company OpenAI unveiled its latest cutting-edge model, o1. To test its capabilities, the tool was tasked with predicting the price of Bitcoin (BTC) by the end of 2024.

In its optimistic forecast, o1 believes that Bitcoin could “experience significant upward momentum” with a rise above its all-time high.

In its conservative forecast, BTC will end the year in the range of $80,000 to $100,000.

In its pessimistic forecast, Bitcoin will end December 2024 in the range of $60,000 to $70,000.

This would occur amid “unfavorable regulatory measures, macroeconomic downturns, or persistent negative sentiment.”