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16/07/25 16:10 UTC-04

ChatGPT chatbot predicts Bitcoin price by August 1, 2025

Cryptocurrency Cryptocurrency ChatGPT
Cryptocurrency ChatGPT chatbot predicts Bitcoin price by August 1, 2025

According to two artificial intelligence (AI) models, Bitcoin (BTC) is expected to trade around $130,000 at the beginning of August, driven by steady institutional demand and favorable macroeconomic conditions.

On the evening of July 16, Bitcoin was trading at $119,166, gaining about 2% over the past 24 hours and nearly 10% over the past week. After reaching an all-time high above $123,000, the cryptocurrency saw a slight correction but is now targeting the $120,000 resistance level.

Bitcoin price change over the past 7 days — CoinGecko data

Regarding outlook, both ChatGPT and Grok agree that the market remains steadily optimistic, supported by strong capital inflows into spot Bitcoin ETFs, increasing adoption in emerging markets, and declining global inflation.

ChatGPT forecasts Bitcoin will reach $130,000 by August 1 and trade between $125,000 and $135,000 through the end of summer.

Grok is more optimistic, projecting a price of $135,000 with a trading range of $125,000 to $145,000 during the same period.

The model has identified bullish technical signals, such as a strong MACD and elevated Relative Strength Index (RSI), while also noting the possibility of short-term pullbacks due to profit-taking by traders.

Meanwhile, market sentiment around Bitcoin remains strong: the Fear & Greed Index stands at 70, indicating “greed.” The price continues to hold above the 50-day ($107,744) and 200-day ($88,894) simple moving averages, confirming the uptrend.

At the same time, the 14-day RSI at 68 signals the asset is approaching overbought territory, while volatility remains moderate at 4.44%.

See also: "Ethereum cryptocurrency rises 10% in bullish rally"

#ChatGPT

Editor: Pereyidenko Ihor
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