Bitcoin Set for Historic Price Increase to $77,000, Predict Experts

Quick Summary:

Related Reading: Analysts Call It: XRP Primed For A 700% Surge – Details A Calculated Gamble The deep learning model’s prediction offers a glimmer of hope for Bitcoin bulls, but it’s crucial to remember that AI forecasts are not infallible.

TVL Tanks As Crypto Price Fails To Keep Afloat Bitcoin Price Stagnant, But AI Model Foresees Bright Future For the past week, Bitcoin has been stuck in a holding pattern, hovering stubbornly around the $64,000 mark.

Source: CryptoQuant The model, trained on a massive dataset of historical price movements and on-chain activity, predicts a significant price surge for Bitcoin in the coming weeks.

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Article Details

Author / Journalist: Christian Encila

Category: Crypto

Markets: United Kingdom

Topics: Price prediction Bitcoin AI Bitcoin Crypto

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-04-27 @ 15:30:35 (1 weeks ago)

News Timezone: GMT +8:00

News Source URL: newsbtc.com

Language: English

Article Length: 431 words

Reading Time: 3 minutes read

Sentences: 44 lines

Sentence Length: 10 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © NewsBTC

News ID: 20803138

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About NewsBTC

Main Topics: Crypto

Official Website: newsbtc.com

Update Frequency: 8 posts per day

Year Established: 2013

Headquarters: United Kingdom

News Last Updated: 12 hours ago

Coverage Areas: United Kingdom

Ownership: Independent Company

Publication Timezone: GMT +8:00

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Publisher ID: #102

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