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AI Predicts Bitcoin’s Future Price – Here is What to Expect

AI Predicts Bitcoin’s Future Price – Here is What to Expect

CryptodnesCryptodnes2024/11/23 09:22
By:Cryptodnes

Artificial intelligence is increasingly transforming the financial world, offering innovative tools to analyze markets and guide investment decisions with unparalleled precision.

A $30 million AI-powered investment fund, Intelligent Alpha, has forecast that Bitcoin could soar to $140,000 under the right circumstances, including improved regulatory clarity and a supportive macroeconomic landscape.

This groundbreaking fund, led by CEO Doug Clinton, utilizes three advanced AI models—ChatGPT, Google’s Gemini, and Anthropic’s Claude—to guide its investment strategies, delivering notable success in both traditional and crypto markets.

While primarily focused on traditional finance, Intelligent Alpha has recently begun exploring crypto, applying its AI tools to predict potential price movements. According to Clinton, the fund’s AI models identified a bullish scenario—such as a pro-crypto U.S. administration—that could drive Bitcoin  to unprecedented heights.

The fund’s approach involves providing curated datasets, such as historical earnings and philosophical insights from investment icons like Warren Buffett and Cathie Wood, to the AI models. These systems then collaborate to craft investment strategies, ensuring their outputs align with the fund’s overarching objectives while minimizing risks.

Despite their synergy, the AI models often diverge in predictions, with ChatGPT emerging as the most distinct in its analysis. Clinton continues to test alternative systems like Grok and Llama but finds the current trio to be the most effective for Intelligent Alpha’s goals.

 
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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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