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OPENAI’s ChatGPT-4o Predicts Where The Price Of Bitcoin Will Be At The End Of 2024


Recently, ChatGPT-4o, an artificial intelligence system developed by OpenAI, predicted what the price of Bitcoin will be by the end of 2024. Bitcoin (BTC) is the largest asset in the crypto industry, carrying over half of the market dominance. Therefore, its price performance often influences other assets, such as ETFSwap (ETFS), in the crypto market. After Bitcoin (BTC) reached an all-time high of $73,000 in March 2024, its price has remained erratic, prompting many experts to speculate about its next trajectory for the year. 

OpenAI’s ChatGPT-4o Speculates Price Of Bitcoin (BTC) For 2024

OpenAI’s ChatGPT-4o has made a bullish projection on Bitcoin (BTC); however, it reinforced the need for caution among investors. ChatGPT-4o, which was developed and launched by Sam Altman’s OpenAI, speculates that by December 2024, Bitcoin (BTC) will have surged to the $85,000 mark, basing its predictions on factors like the fourth Bitcoin halving and added recognition from regulatory bodies. 

Further, there is the role of institutional adoption, which has increased with the approval of the spot Bitcoin ETF by the United States Securities and Exchange Commission (SEC) and the more recent approval of both Spot Bitcoin and Ethereum ETFs by the Hong Kong Securities and Futures Commission (SFC) In April. 

The OpenAI system further stretches the prediction to $120,000, the highest the flagship asset can go before the year rounds up. However, it also included that Bitcoin (BTC) could crash back to the $30,000 mark by December 2024 due to volatility and other unseen factors. 

Like ChatGPT-4o, many analysts have made a cautiously bullish projection for Bitcoin (BTC), believing it will surge to new highs towards the end of 2024.  One such analyst is Timothy Peterson, who believes the US high yield rate is an essential factor in Bitcoin’s (BTC) price increase. According to Peterson, if the Yield rate falls to 6%, Bitcoin (BTC) will surge to $100,000 in Q4 of 2024. 

Currently, Bitcoin trades slightly below $66,000 after briefly surging from the $61,000 mark on May 15, 2024. 

ETFSwap (ETFS) Projected To Surge To $3 By Analysts

ETFswap (ETFS) is a blockchain platform that aims to democratize exchange-traded funds (ETFs) and make them accessible to everyone through asset tokenization. The tokenized ETFs will be available for trading on a comprehensive Web3 marketplace tailored to the needs of experts and newbies with little or no knowledge about trading. 

The marketplace will feature several tools that can assist traders in choosing preferred ETF assets that suit their portfolio and DeFi functionalities like staking. ETFswap (ETFS) will also feature leverage trading with up to 10x leverage for experienced traders to increase their earnings. 

Users can also benefit from fractional ownership, which can help them amplify their portfolio with diversity. Compared to traditional ETFs, pegged to an institution’s holdings and only converted to fiat, tokenized ETFs on the ETFswap (ETFS) platform will be fully convertible to Fiat and other crypto assets with its seamless swapping services. 

As the key to its ecosystem, ETFswap (ETFS) will also feature an ERC-20 token, ETFS, which will serve the purpose of utility and governance, enabling holders to participate in making decisions on the network through voting. The platform currently offers the token to crypto community members in its stage 1 presale at $0.00854. By stage 2, its price will increase to $0.01831, representing automatic profit for all stage 1 participants. 

Presently, over 65 million tokens have been sold out, generating revenue of more than $500,000. Considering its unique ecosystem and successful presale, experts have speculated that ETFS will soon surge to the $3 mark, giving all early investors a chance to earn 200x profits on their investments. As a savvy investor, you want to take advantage of this opportunity, so buy ETFS today to seal your chances of making a 200x yield on your investment.

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