We asked ChatGPT to predict Bitcoin's future performance as the king coin reached $34.5K amid the bull run.
Disclaimer: The information presented does not constitute financial, investment, trading, or other types of advice and is solely the writer’s opinion.At press time, Bitcoin was trading at $34,559.9. This is the first time since May 2022 that BTC could hit the ambitious mark.
Nonetheless, Bitcoin made a remarkable recovery, surpassing its previous ATH in late 2020 and reaching an ATH of over $68K in November 2021. However, the 2022 trading year ushered in a new era of bearishness, one exacerbated by the collapse ofWhile the crypto market may be unpredictable and volatile, traders and investors can still make informed decisions by staying up-to-date on market news, following expert analysis, and using intelligent trading strategies, such as those offered by ChatGPT.
Furthermore, BTC traders can use ChatGPT for technical analysis. Traders can ask ChatGPT to code any technical indicator or trading bot for any trading platform. Brian Quinlivan has an MBA degree in finance from Chapman University, Brian has over 10 years of marketing, financial, and data analytics experience. He enjoys creating financial models to improve modern-day investing strategies and study the intricacies of market variations.Yeah, I think that there’s going to be a lot of use for it, certainly for trading strategies.
Q: How do you think a BTC trader/investor can leverage the AI tool to make better investment decisions?
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