finbold.com
Bitcoin ($BTC) is once again under pressure after U.S. spot Bitcoin ETFs recorded $635 million in net outflows on May 13, the largest single-day withdrawal since late January.
What’s more, the sell-off followed worse-than-expected U.S. Producer Price Index (PPI) data, which showed inflation rising 1.4% in April and dampened expectations for near-term Federal Reserve rate cuts.
At the same time, leveraged traders were hit by a wave of liquidations, with roughly $77.95 million in Bitcoin long positions liquidated over the past 24 hours as the asset rejected its 200-day simple moving average (MA) near $82,270.
Traders are now monitoring whether Bitcoin can reclaim the $80,800 level, which has emerged as key near-term resistance. Short-term outlook, however, appears fragile, at least according to machine learning algorithms.
Machine learning algorithm predicts Bitcoin price on May 22
Finbold’s AI prediction agent analyzed Bitcoin’s short-term trajectory, the final result being a more cautious outlook with a modest decline by the end of next week.
Namely, the combined prediction from GPT-5.2, DeepSeek, and Google Gemini 3 Flash placed Bitcoin at an average target of $79,264 on Friday, May 22, 0.82% below the current market price of $79,920.
The individual forecasts were generated using technical indicators, including MACD and stochastic analysis.
Among the models, ChatGPT delivered the only optimistic forecast, predicting Bitcoin could actually rise to $80,450, a gain of 0.66% from current levels.
Meanwhile, DeepSeek saw the cryptocurrency trading at $78,800, implying a 1.4% decline. Similarly, Google’s Gemini 3 Flash estimated ‘digital gold’ could fall to $78,542, marking a 1.72% decrease.
Bitcoin price outlook
Overall, Bitcoin appears to be in a vulnerable position from a technical perspective. For example, the cryptocurrency is currently trading around $79,920, below both its seven-day simple moving average of $80,640 and a key Fibonacci retracement level around $80,563.
A broader recovery trend may thus not be confirmed unless the asset secures some key levels, such as the above-mentioned near-term resistance at $80,800.
Featured image via Shutterstock