More Detailed AI Predictions for Bitcoin in 2024
#bitcoin
1. PlanB:
Stock-to-Flow (S2F) model:
$524,000 by the time of the halving (likely May 2024).
$1,000,000 by the end of 2024.
Criticism: the model does not consider the impact of external factors.
2. Bloomberg Intelligence:
Average price: $50,000.
Range: $30,000 - $100,000.
Factors:
Global economic instability.
Growth of institutional interest.
3. Fundstrat Global Advisors:
Average price: $75,000.
Range: $65,000 - $100,000.
Factors:
Increasing hashrate.
Decreasing supply.
4. JPMorgan Chase:
Average price: $38,000.
Range: $28,000 - $48,000.
Factors:
Competition from other cryptocurrencies.
Regulation.
5. Weiss Ratings:
Average price: $100,000.
Range: $75,000 - $150,000.
Factors:
Growth of adoption.
Inflation.
Important:
AI predictions are not a guarantee of the future.
Do not invest more than you can afford to lose.
Diversify your investment portfolio.
Follow the news and analytics.
JPMorgan Chase Bitcoin Report
Disclaimer:
I am not a financial advisor. This is not financial advice.
Please note:
The links provided are for informational purposes only and do not constitute financial advice.
It is important to conduct your own research and consult with a financial advisor.
I hope this information is helpful!
