TL;DR
- ChatGPT highlights institutional interest, regulatory shifts, and the 2024 Bitcoin halving as significant factors for BTC’s price movement.
- Past events like Tesla’s purchase and China’s crackdown influenced BTC prices.
- Current Google Trends data suggests limited public interest in Bitcoin.
These Factors Might Propel a Price Rally
The AI-powered language model ChatGPT estimated that there are ten vital elements that should be in place for Bitcoin’s price to start rising next year. Among the most essential ones are supply and demand, institutional interest, and regulatory developments.
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