November was a tough month for Bitcoin (BTC) investors, with its price plummeting 17%. December added more pain, leaving the question hanging: will its value collapse to $50,000 or surge to $120,000 before Christmas? Four AI-powered chatbots were asked this very question. Their predictions offer intriguing insight.
ChatGPT suggests a sharp drop to $50,000 is possible but would require a major negative catalyst, such as a major exchange failure or another global conflict. It also sees a significant chance of the Fed raising interest rates, which could impact BTC price like it did in 2022.
ChatGPT leans toward a less dramatic outcome, with $120,000 being more likely before Christmas, but only if factors like institutional buying into Bitcoin ETFs and whales’ major investments boost the market.
Overall, the chatbots indicate a more realistic scenario of BTC hovering between $70,000 and $95,000 by December. Grok takes a bullish stance, believing $50,000 is impossible and that BTC will consolidate around $86K-$90K before potentially breaking past $110K to $120K by December 25.
Other AI models like Perplexity also lean toward the positive side, highlighting technical setups and macroeconomic trends favoring a rise above $120,000. While Google’s Gemini says both scenarios are equally plausible but that a return to $50,000 is less likely than a jump to $120,000.
The question remains: will Bitcoin reach its highs or dip before Christmas?