ChatGPT's Bitcoin Price Projections for 2024 and Beyond

Adekunle Joshua

ChatGPT forecasts a potential Bitcoin price range of $50,000 to $150,000 for the year 2024

Moreover, it envisions an optimistic scenario where Bitcoin's price might surge to $1 million within the next decade

These projections consider various factors including institutional and mainstream adoption, regulatory hurdles, and technological constraints

Presently, Bitcoin is in a consolidation phase, maintaining its position above the $24,856 resistance level

It is crucial for Bitcoin to hold this level to prevent a potential drop to $20,000.

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