Bitcoin (BTC) opened the week in the green as its price topped $70,000 on May 20, dragging the rest of the cryptocurrency market with it. Apparently, for this reason, artificial intelligence (AI) algorithms made several optimistic price forecasts at once.

BTC Price Prediction In particular, one of the artificial intelligence algorithms, which relies on BTC statistics and technical analysis indicators, predicts that Bitcoin could reach a price of $97,264 on August 1, 2024. This implies an increase of 44.89% from current values.