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Artificial Intelligence Bitcoin Price Predictions by looking at the last 11 years of price movement data:
Short term (until the end of 2023):
Bitcoin is expected to rise from $30,000 to $40,000.
- Factors contributing to this rise include institutional accumulation, positive developments in the ecosystem and limited downside potential.
Short term (early 2024):
Bitcoin is expected to reach the $50,000 to $60,000 range before the halving event in April 2024.
- The expectation of the halving, increased demand from retail investors and the potential for a short position squeeze are driving these expectations.
Medium term (around 2025):
Bitcoin is expected to reach an all-time high (ATH) between $100,000 and $150,000.
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