Artificial intelligence has determined the price of Bitcoin for March 31
After U.S. President Donald Trump signed a decree to create the Strategic Reserve of Bitcoins (BTC), its value continued to decline.
The reason for this drop is that the document refers not to the acquisition of bitcoins but to the use of previously confiscated assets. This does not create additional demand in the market and, consequently, does not support the price.
Some experts, however, believe that this step raises the status of bitcoin and may provoke a race among countries to purchase it.
To clarify the situation, artificial intelligence conducted an analysis and provided a price forecast for BTC at the end of March. According to technical indicators and market trends, the average expected value will be $102,938, which is 18% higher than the current mark of about $86,000.
AI BTC Price Forecast
This forecast is not the most optimistic. The Claude 3.5 Sonnet model predicts an increase of 21.22%, bringing the price to $107,217.
A more cautious forecast was presented by Grok 2 Vision, expecting an increase of 12.46% to $99,484.
