Will Bitcoin (BTC) Reach $100K This Quarter? Here’s What 3 AIs Predict

ChatGPT stated that a brief touch of the milestone within the next five weeks carries a 35%-40% probability.

The primary digital asset has added almost $20,000 to its valuation over the past month, driven by a broader crypto market resurgence sparked by US monetary policy changes and other factors.

Somewhat expected, X is now flooded with users who believe the bulls have no intention of pushing the brake pedal, anticipating an explosion to $100,000 and even beyond in the short term. We asked three of the most popular AI-powered chatbots whether such a rally is possible before the end of the third quarter, and here are their answers.

There is a Chance

ChatGPT suggested that closing Q3 above $100K has a 25%-30% probability and would require a combination of bullish factors, including massive inflows into spot BTC ETFs. OpenAI’s platform also stated that the asset’s performance would depend on the next FOMC meeting scheduled for mid-September, when the central bank will reveal its interest rate decision.

“A dovish outcome – particularly easing inflation, no rate increase, and reassuring projections – could weaken the dollar and support Bitcoin. A hawkish surprise would present a serious problem. The July Fed minutes showed that a September rate increase remains under consideration, although market estimates have recently placed its probability at around 30%. Higher rates or a more hawkish outlook would likely pressure BTC and other risk assets,” it explained.