According to CoinCodex, artificial intelligence (AI) has predicted that Bitcoin's price will rise by 11.15% and reach $114,923 by June 30, 2025. This forecast is based on technical indicators, historical price data, and market sentiment.
The AI model has analyzed various market factors, including moving averages, relative strength index (RSI), and Bollinger Bands, to make this prediction. The forecast suggests that Bitcoin's price will continue to oscillate between $103,000 and $112,000 in June, with potential for a breakout in either direction.
In the long term, the AI model predicts that Bitcoin's price could reach $308,966 by 2029, representing a potential gain of 195.47% from current levels. However, it's essential to note that cryptocurrency markets are highly volatile, and actual prices may differ significantly from these predictions.
As with any investment, it's crucial to conduct thorough research, consider multiple sources, and consult with financial experts before making any decisions. The cryptocurrency market is known for its unpredictability, and investors should be prepared for potential risks and fluctuations.
