Elon Musk's neural network said when Bitcoin $BTC will cost $1 million
One of the participants in the crypto community asked Elon Musk's neural network to provide a Bitcoin forecast. He was interested in when the cryptocurrency would be worth $1 million. To the surprise of the subscriber, the neural network gave an exact answer. Usually, AI tries to avoid predicting cryptocurrency rates and often provides a wide range. This time, GROK named a specific deadline. According to the AI, Bitcoin will be worth $1 million by 2029. The tweet quickly spread across the network.
In its forecast, Elon Musk's neural network relied on data regarding the behavior of the cryptocurrency in previous cycles, the halving effect, information about inflows into Bitcoin-based ETFs, as well as the growing interest in the coin from institutional investors and the level of adoption of the digital asset in the market. The analysis allowed the AI to conclude that BTC could be worth $1 million as early as April 15, 2029.
In response to a request for clarification on whether the neural network really sees growth prospects for Bitcoin up to the specified levels, Grok responded positively.
