BTC Predicted to Reach $100K This Quarter by AI Models

The price of Bitcoin (BTC) has surged over the past month, driven by a broader crypto market resurgence sparked by US monetary policy changes. Some users on X believe that the bulls have no intention of pushing the brake pedal and are anticipating an explosion to $100,000 and beyond in the short term.

Three AI-powered chatbots were asked about the possibility of reaching this milestone before the end of the third quarter. ChatGPT estimated a 35%-40% probability of touching the milestone within the next five weeks but only a 25%-30% chance of closing Q3 above $100K, requiring massive inflows into spot BTC ETFs.

OpenAI's platform also stated that the asset's performance would depend on the next FOMC meeting scheduled for mid-September. A dovish outcome could weaken the dollar and support Bitcoin, but a hawkish surprise would likely pressure BTC and other risk assets.