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.
Know when your coins move
Alerts, real-time prices, and market news — all in one app
Point your phone camera to install
4.8 based on 40K reviews in the App Store and Google Play
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.
AI $BTC price prediction. Source: Finbold
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.
LLMs predict $BTC price. Source: Finbold
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.