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Meta AI predicts Bitcoin price for 2025

source-logo  finbold.com 25 July 2024 13:07, UTC

Although Bitcoin (BTC) has somewhat slowed down its price increases in the past few days, dropping well below its recent all-time high (ATH) of $73,738 from March 2024, a newly released artificial intelligence (AI) assistant is relatively optimistic about its price in 2025.

As it happens, Finbold tasked the recently released AI assistant by Meta (NASDAQ: META), called Llama 3.1 405B, a.k.a Meta AI, with providing insights into the possible price range of the flagship decentralized finance (DeFi) asset in 2025, from the viewpoint as of July 25.

Meta AI’s Bitcoin price prediction

Notably, Meta’s advanced AI platform has offered two potential price ranges for Bitcoin in 2025, including a forecast of between $105,000 and $110,000 and another one that sees the maiden cryptocurrency hitting a price somewhere in the range from $50,000 to $102,000, “with an average price of $65,000.”

In other words, the Meta AI chatbot expects the price of the largest asset in the crypto sector by market capitalization to either grow in price by 60-70% in 2025 or to remain more or less constant at a level close to the one at press time, growing 56% in a best-case scenario.

According to the AI model, it bases its Bitcoin prediction on the expected bullish trend in 2025, “with a strong positive momentum at the beginning of the year,” as well as the anticipated “increased liquidity, with a significant influx of liquidity predicted for the third quarter of 2025.”

At the same time, it is also worth noting that renowned pseudonymous crypto trading analyst Trader Tardigrade has shared a highly optimistic target of Bitcoin reaching a whopping price of $263,000 sometime in 2025, based on the ‘Cup and Handle’ chart pattern, as Finbold reported on July 24.

Bitcoin price analysis

For the time being, Bitcoin is changing hands at the price of $65,380, which suggests a 3.46% decline in the last 24 hours, as well as a drop of 1.03% across the previous seven days, while having gained 5.11% in the past month, and advanced 54.89% since the year’s turn, as per data on July 25.

All things considered, Bitcoin might, indeed, reach the price predicted by Meta’s recent AI platform. However, as Meta AI itself noted, the price of this crypto asset might experience volatility, and investors should prepare for potential fluctuations and do their own research.

Disclaimer: The content on this site should not be considered investment advice. Investing is speculative. When investing, your capital is at risk.

finbold.com