ChatGPT predicted the price of Ethereum after the approval of the Bitcoin ETF

The most likely scenario involves an ETH price range of $5,000 to $7,000, levels to which the price will rise due to positive market sentiment.

The most likely scenario for the ETH price range. Source: ChatGPT

In a bullish scenario, the approval of a Bitcoin ETF could generate more institutional interest in cryptocurrencies, which would benefit Ethereum due to its strong market presence.

Positive developments such as advances in Ethereum technology and progress in decentralized finance (DeFi) applications could strengthen the bullish outlook and push the price range from $8,000 to $10,000.

Bullish ETH price range. Source: ChatGPT

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