machine learning algorithm, bitcoin(BTC) made a price forecast for the end of 2022 and the beginning of 2023.
As we prepare to leave the year 2022 behind, the crypto industry is still struggling to recover from the devastating collapse of cryptocurrency exchange FTX. With the tight interest policy of the US Federal Reserve (Fed), the BTC price has been volatile for a while.
Artificial Intelligence Bitcoin Price Prediction
PricePredictionsBitcoin (BTC) could increase in value by the end of the month, according to machine learning-based algorithms from the moving average (MA), relative strength index (RSI), moving average convergence divergence (MACD), Bollinger Bands (BB) and others.
The prediction made by artificial intelligence for BTC is shown in the graph as follows:
According to the prediction of artificial intelligence on the 30-day chart, BTC will be traded at $ 18,769.94 on December 31, 2022. This represents an increase of around 10 percent compared to the price at the time of writing.
Bitcoin (BTC) is currently trading at $16,992.21 on CoinGecko. The leading cryptocurrency, which has lost 1.7 percent in the last 24 hours, has grown by 4.7 percent in the last 7 days.
Bitcoin Will Approach $180k
Using an artificial intelligence system, PricePredictions predicted what price level BTC will be in the coming years.
Looking at the chart, it seems that Bitcoin will return to its old ATH as we approach 2025.
The rise that started with 2025 continues steadily until 2030. According to the estimate, by 2030 BTC will exceed the 150 thousand dollars band.
