I asked ChatGPT what will be the price of $BTC at the end of 2024.
Here's what it said.
Predicting the exact price of Bitcoin by the end of 2024 involves significant uncertainty, but several expert analyses provide a range of forecasts:
1. CoinGecko anticipates an average Bitcoin price of around $87,000 by the end of 2024, with projections ranging from conservative to highly optimistic depending on market dynamics and the anticipated halving event [oai_citation:1,Bitcoin Price Predictions 2024](https://www.coingecko.com/research/publications/bitcoin-price-prediction-2024).
2. 99Bitcoins. presents a range of predictions with a minimum price of $38,540 and a maximum of $100,000 by the end of the year, reflecting the impact of factors such as institutional demand and ETF inflows [oai_citation:2,Bitcoin Price Prediction 2024, 2025, 2030](https://99bitcoins.com/cryptocurrency/bitcoin-price-prediction/).
3.CoinCodex. forecasts a higher target, predicting Bitcoin could reach approximately $149,245 by the end of 2024, driven by the approval of spot Bitcoin ETFs and the upcoming halving event, which historically boosts prices due to increased scarcity [oai_citation:3,AI Predicts Bitcoin Price for the End of 2024 | CoinCodex](https://coincodex.com/article/37798/bitcoin-price-prediction-heres-how-high-the-ai-thinks-btc-will-go-by-the-end-of-2024/).
These predictions are based on historical trends, upcoming regulatory changes, and market sentiment, but it's important to note that the cryptocurrency market is highly volatile, and actual outcomes can vary widely.