Bitcoin Price Bets Heat Up As 11 AI Models Target $105K

Bitcoin has spent the last week trading between $76,200 and $82,100, keeping market sentiment firmly bullish. Back in May, when prices sat near similar levels, researchers asked eleven different artificial intelligence models to predict where Bitcoin would finish the year.

Those forecasts are now back in the spotlight as the final weeks of the year approach. The predictions from these models range wildly, with the most optimistic artificial intelligence system setting a target all the way up at $105,000.

Traders are watching these targets closely as Bitcoin holds its ground near historic highs. Whether the top models prove accurate depends on late year market momentum and overall crypto trading volume.