Many members of the crypto community use artificial neural networks as aids in their work with cryptocurrencies. AI, in particular, predicts price fluctuations.

One of the most popular artificial intelligence networks, Grok, has also released its forecasts for the price of Bitcoin. The AI estimated when the most capitalized cryptocurrency could reach the highly coveted price of 1 million dollars.

The Grok artificial neural network is integrated with Elon Musk's social network X. On this platform, it is possible to ask questions to the AI, which responds directly in the discussion thread where it was mentioned.

A member of the crypto community asked Elon Musk's AI to provide its forecasts for the price of Bitcoin, specifically when the cryptocurrency would be worth 1 million dollars. To the surprise of the internet user, the artificial intelligence network provided an accurate answer.

In general, AIs avoid making exact predictions about cryptocurrency prices and often present a fairly wide range. This time, GROK gave a specific date. Thus, according to the AI, Bitcoin will be worth 1 million dollars by 2029. Naturally, the tweet immediately spread across the internet.

In its forecasts, Elon Musk's AI relied on data related to the behavior of the cryptocurrency during previous cycles, the effect of halving, information about incoming flows into Bitcoin ETFs, as well as the growing interest from institutional investors in this crypto and the level of adaptation of the digital asset in the market. This analysis allowed Grok to conclude that BTC could be worth 1 million dollars as early as April 15, 2029.

In response to the request to clarify whether the AI really saw growth prospects for Bitcoin to the indicated levels, Grok responded affirmatively.#bnb