In January 2025, the cryptocurrency market proved it could still move as swiftly as it did in Q4 of 2024. Bitcoin (BTC) took center stage, with its price dropping below $90,000 earlier this week but rebounding today to a new all-time high of $108,800.
Given the short-lived nature of memecoins, many traders are trying to predict the future performance of the leading cryptocurrency. Five AI-based models were tasked with forecasting BTC’s price for the period from January 20 to February 4.
Four advanced models predicted a decline. ChatGPT-4o mini presented the most bearish forecast, analyzing the Relative Strength Index (RSI) and Simple Moving Average (SMA) to predict a 9.4% drop, with BTC trading at $98,000 by early February. Standard ChatGPT-4o offered a more optimistic outlook, forecasting a 5.24% decline to $102,500. The models Claude 3 Opus and Grok 2 Vision provided cautious predictions as well: the former expects a 3.04% drop to $104,882, while the latter predicts a 2.93% drop to $105,000.
Claude 3.5 Sonnet took a different approach, forecasting that Bitcoin will hit a new record high of $112,500 by early February, a 4.01% increase from January 20.
The AI forecasts appear logical, as price corrections, at least in the short term, often follow sharp movements. Follow “Zamin” news on “Telegram”
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