ChatGPT AI Sees Bitcoin Reaching $95,000 by End of 2026
The ChatGPT AI model has made a prediction about the future price of Bitcoin. According to the model, Bitcoin will reach $95,000 by the end of 2026, with a credible bull case range of $115,000 to $140,000. This prediction is based on several factors, including the growth of US spot Bitcoin ETFs and the expansion of regulation for stablecoins.
The model also highlights the importance of macro liquidity, pointing out that the US M2 money supply has grown to $23.16 trillion from $21.94 trillion year over year. This could lead to improved liquidity conditions for Bitcoin, which is capped at 21 million coins total.
In addition to the bull case scenario, ChatGPT also outlines a bear case scenario, in which Bitcoin falls to $45,000 to $55,000 if the Fed becomes more hawkish or ETF outflows persist. This is consistent with Citi's current bear scenario of $53,000.