AI predicts Bitcoin price for September 30, 2024
As Bitcoin (BTC) has lately been trading in a sideways trend, with some experts even predicting it could crash to a low of $38,000, artificial intelligence (AI) and machine learning algorithms seem to be following the pessimistic sentiment, predicting more declines. Specifically, Bitcoin started this month on a bearish note, in line with the flagship decentralized finance (DeFi) asset’s now traditionally underperforming September in terms of its price, but also the performance in the rest of the cryptocurrency sector. AI’s Bitcoin price prediction Taking this context into consideration, Finbold has consulted the advanced AI algorithm used by the crypto analytics and forecasting platform PricePredictions, which has set Bitcoin’s price direction downward for the rest of the month, predicting its price to hit $54,313.64 by September 30, 2024. Picks for you ...