#EarnFreeCrypto2024 #Binance #Bitcoin $BNB Artificial intelligence corrects its prediction on the price of Bitcoin by the end of 2024:
What has changed?
In early 2024, some artificial intelligence models predicted that the price of Bitcoin would reach $100,000 or even $200,000 by the end of this year. However, these models have recently corrected their predictions and are now projecting that the price of Bitcoin will be significantly lower.
Why have the predictions changed?
The reasons for the change in predictions are diverse. Among the most important factors are:
* Cryptocurrency market crash: The price of Bitcoin has fallen sharply from its all-time highs in November 2021. This drop has led many analysts to reevaluate their outlook on the future of the market.
Rising inflation: Inflation is rising around the world, which is eroding the purchasing power of traditional currencies. This could make cryptocurrencies less attractive to investors.
Regulatory uncertainty: There is still great uncertainty about cryptocurrency regulation in many countries. This uncertainty could deter some investors from investing in the market.
What is the new predicted price?
New predictions for the price of Bitcoin at the end of 2024 range between $20,000 and $50,000. Some analysts even believe that the price could fall below $20,000.
It is important to note that these are just predictions and the actual price of Bitcoin could be much higher or lower. It is important that you do your own research before investing in cryptocurrencies.