The ai AI model predicts BTC that will hold six digit levels until early June.
⚈Prices are consolidated between $102K and $104.8K, and breakouts may be approaching.
Bitcoin (BTC) has recovered the $100,000 mark. This looks at whether major cryptocurrencies can maintain this rally after the extension of the integration period.
In the future, two AI tools predict that Bitcoin will likely maintain its six-figure support level towards June. This outlook is based on historical price patterns, current macroeconomic conditions, and general market sentiment.
As of press time, Bitcoin had grown by 0.5% over the last 24 hours, trading at $103,754, over 8% per week.
AI predicts the price of Bitcoin
Due to price predictions, Openai’s ChatGPT remains very bullish on the outlook for Bitcoin for June 1. The AI model predicts a potential trading range of $108,000-$118,000, assuming the current uptrend continues.
Key bullish factors include a psychologically significant bitcoin breakout above $100,000 dollar levels, an increased whale accumulation, a consistent influx into spot ETFs, and post-harving effects.
ChatGpt has also flagged it at $95,000 as an important support level. Soaking under this threshold could indicate short-term revisions, but may provide an attractive entry point for long-term investors.
Meanwhile, Xai’s Grok presented a more conservative yet optimistic prediction. The model expects Bitcoin to trade between $98,000 and $115,000, with a median target of around $106,500.
Grok’s outlook also takes into account the historical performance of Bitcoin, following half-events and ongoing institutional interest, and also notes potential excess conditions.
Despite differences in forecast ranges, both AI tools agree that recent moves above $100,000 are likely to be sustainable.
Bitcoin Technical Outlook
Trade Expert rlind He also highlighted that Bitcoin is currently at a pivotal point following the recent surge in over $100,000.
In an analysis shared on X on May 9th, she noted that BTC has entered the integration phase. This is a temporary pause in momentum moving within tighter prices, often indicating that the market is preparing for the next major move. However, the direction of movement remains uncertain.
Bitcoin is traded within a horizontal channel of around $102,000 to $104,800, an example of a textbook for market integration.
A critical breakout that surpasses the $104,800 resistance could rekindle bullish momentum, with price targets in the $106,800-$107,000 zone.
Conversely, a breakdown below the $102,000 support could cause short-term fixes and push BTC to the $99,000 level. Such a move suggests that recent rallys may be missing steam, at least for now.
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