This week $BTC fell by more than 6% — the flagship cryptocurrency is facing institutional selling and weakening technical indicators. However, the artificial intelligence (AI) model suggests that a reversal may occur on the BTC price chart by the end of the month.
The leading OpenAI ChatGPT data processing model claims that the baseline scenario as of February 1st, anticipating interest from institutional buyers, will ensure the price of Bitcoin in the range of $95,000 to $120,000.
This forecast implies a potential increase of up to 35% from the current price of about $89,000, which could allow 'digital gold' to return to the levels of early October 2025, when it reached a new all-time high above $126,000.
The chatbot suggested that a negative outcome would lead to a decline in the price of BTC somewhere between $75,000 and $90,000. This will require sustained risk aversion, a slowdown in institutional adoption, and broader market downturns that will put strong pressure on the asset.
Improvement in macroeconomic conditions, including a softening of the Fed's policy, a strong influx of funds into Bitcoin ETFs, etc., could help the cryptocurrency rise to $150,000. However, this is considered by ChatGPT to be the least likely scenario.
In the short term, the question is whether $BTC can recover and hold above $90,000 in the coming days, or if a breakout will open the way for a plunge towards the mid-range of $80,000.