As Bitcoin continues its rally, approaching the $100,000 milestone, artificial intelligence (AI) predicts it could soar to $140,000, fueling the ongoing cryptocurrency rally.
On Sunday, cryptocurrency news outlet CoinDesk reported that Intelligent Alpha’s AI system forecast that Bitcoin would surpass $140,000.
Intelligent Alpha is a company that uses three prominent AI systems – ChatGPT, Google’s Gemini, and Anthropic’s Claude – which have sparked an AI boom on Wall Street. The company manages a $30 million fund with minimal human intervention.
Doug Clinton, CEO of Intelligent Alpha, explained, “We have spent the last five months training our AI model on Bitcoin-related data. Our goal is to develop AI as a powerful tool for cryptocurrency trading.”
Clinton added, “In the bull case — which was a Trump win and a more favorable regulatory environment — AI saw that bitcoin could maybe go to $140,000.”
Meanwhile, Bitcoin was recently on the verge of breaking the historic $100,000 mark, reaching $99,800 on the 22nd. However, it has since experienced a three-day downturn, dropping below $94,000.