Virtual oracle ChatGPT has made a bold prediction that Bitcoin could reach the $100,000 mark in 2025. According to the AI chatbot, the world's largest cryptocurrency is likely to approach this psychological threshold between July and December.
What is behind this cautious optimism? First on the list is the April halving event, which should theoretically drive prices higher due to reduced supply. Next is an anticipated influx of institutional investors. According to ChatGPT, these big players have already started moving significant capital into the digital currency, making a strong case for its sustained upward trend. Retail investors are also increasingly fleeing to Bitcoin as a safe-haven asset amid economic turbulence and global political tensions.
To further solidify its case, ChatGPT points to a recent surge in Bitcoin ETFs, whose market capitalization climbed by $24.2 billion in just a few weeks. Rising inflation rates across many countries are also pushing individuals toward digital assets, a trend the AI chatbot sees as reinforcing its prospects.
There is also a more positive scenario. Optimists argue that a Trump victory in the US presidential election could bring the first cryptocurrency to $100,000 as early as the end of the year. So, there are plenty of scenarios to choose from. Investors can either hold steady, waiting until 2025, or bet on the potential for political events to boost Bitcoin’s value sooner.
