Artificial Intelligence Explained: How Much Will Bitcoin Be on May 1?

While the Bitcoin (BTC) price is hovering close to the critical $85,000 resistance, the predictions of AI-backed models have begun to attract the attention of investors. As the search for direction continues in the crypto markets, OpenAI's ChatGPT and Elon Musk-backed xAI's Grok model have made remarkable predictions about the Bitcoin price for May 1, 2025. While both models indicate that the potential for an increase continues, possible support and resistance areas are becoming clear for investors.

The Grok model developed by $XAI offers a more conservative prediction, suggesting that Bitcoin could trade between $88,000 and $92,000 on May 1. The model emphasizes that Bitcoin's RSI indicator remains in the neutral zone, while the moving averages are still on an upward trend.

According to Grok, while $80,000 - $82,000 constitute a strong support zone, he states that selling pressure may increase in areas approaching $100,000. Therefore, although short-term targets remain around 90,000, the possibility that possible breaks could carry $BTC to $100,000 is not ruled out.

OpenAI's ChatGPT model predicts that Bitcoin could be traded between $91,000 and $96,000 on May 1, 2025. The model largely bases this prediction on the halving effect that took place in April 2024. Historical data shows that $BTC usually enters multi-month rally periods in post-halving periods.

In addition, intense institutional demand for spot Bitcoin ETFs is considered one of the factors that can significantly reduce the supply in the market and push the price up. ChatGPT states that technically, a break above $80,000 is a positive signal, while the next resistance zone is the $90,000-$95,000 band.

⚠️ Note: My posts are not investment advice. There may be errors due to translation. Please do your own review. You can also write your thoughts in the comments section.

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