What $BTC price to expect by the end of August according to the AI
Chat GPT is generally bullish, and when asked to predict the bitcoin price for August, it gives the following options: ♦️ Bullish: $130k - $140k ♦️ Moderate: $110k - $125k ♦️ Bearish: $80k - $110k
🖥 Fundamentals: 💠 Capital inflows via Bitcoin-ETFs 💠 Regulatory shifts: discussion of Clarity Act, GENIUS Act and their impact on legalization of BTC as a commodity asset in the US.
🕯 Technical patterns: 🔹 Chart indicates continuation of medium-term up-trend after consolidation at $110 k - $115 k. 🔹 Break of $125 k opens the way to $135 k - $140 k, but with negative news a pullback to $100 k is possible
