Google Bard predicts how low Bitcoin price will go in 2023

In recent weeks, Bitcoin (BTC) has encountered a formidable downturn, with its value receding to approximately $26,000. This comes barely a month after the cryptocurrency tantalizingly grazed the $30,000 milestone.

The journey downhill can be attributed to a blend of factors, encompassing dwindling market participation, the absence of significant advancements concerning the spot Bitcoin exchange-traded fund (ETF), and rare reports indicating that SpaceX, helmed by Elon Musk, reduced its Bitcoin holdings.

Seeking further insights regarding BTC’s future price trajectory, Finbold consulted with Alphabet’s (NASDAQ: GOOGL) artificial intelligence (AI) bot, Google Bard, on August 25.

Notably, we asked Bard to predict how much Bitcoin’s price will fall in 2023, and outline key factors that could make a notable impact on its price action.

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