ChatGPT thinks Bitcoin price can double by end of year and watch out for Grok coins

Last Updated on 10 November 2023 by CryptoTips.eu

We have already asked ChatGPT, the Artificial Intelligence voice robot from the company OpenAI, several times this year to ask about the price of Bitcoin.

ChatGPT knew what Bitcoin was when the voice robot was launched this year, but the technology did not risk predicting a price. By now, things are a bit different.

Doubling, halving

When we asked what the price of Bitcoin would be on January 1, 2024, ChatGPT told us that the largest digital currency has doubled in value since the beginning of the year, and that a year-end is usually very bullish for Bitcoin, so according to the AI it was possible that Bitcoin would double in value again by then.

OpenAI’s flagship product specifically mentioned that the current bullish market sentiment boosts the entire crypto industry, the fact that we are in an overall uptrend, and lastly the upcoming Bitcoin halving, foreseen for 2024.

Of course, ChatGPT had to build in protection, and stated that an intervention by the American stock market watchdog, or some other geopolitical event (in other words an extension of the war between Hamas and Israel) could throw a spanner in the works.

Let’s see if the AI bot is right.

Grok

Meanwhile new crypto coins are being launched with the name of X’s recently launched AI bot, Grok.

Given that Elon Musk is such a big crypto fan, scammers are probably counting on people looking for Grok in big numbers. So watch out for any new ‘Grok-coins’.


Jeroen Kok

Jeroen is one of the lead copywriters on Cryptotips.eu and discusses all recent events in the crypto market. This includes news updates, but also price analyzes and more. He developed his passion for cryptocurrency during the bull run in 2017. He has learned a lot since then. The combination of cryptocurrency and creative writing is perfect for Jeroen and an excellent way to share his knowledge with a wide audience. Find me on LinkedIn / [email protected]