ChatGPT predicts Bitcoin Cash price for the start of 2024
Bitcoin Cash (BCH) had a bright start in 2023 H2 after a 260% surge in late June, followed by a 26% retracement. In this context, Finbold asked ChatGPT-4 to predict the price of BCH for early 2024. Notably, Bitcoin Cash is trading at $242 by press time, meaning 26.55% in losses since 2023’s highs at $329.71. Before that, BCH went from $90.77 to the yearly highs for a 263.24% price surge. BCH/USD weekly price chart. Source: TradingView At this point, Bitcoin Cash shows a strong momentum within its weekly Relative Strength Index (RSI). Meanwhile, its main competitor and market leader, Bitcoin (BTC), faces challenges and opportunities. The former, being a massive increase for its transaction fees, surpasses yearly highs of $31 per transaction and the global average income of $26 per individual. Nevertheless, Bitcoin has also seen an increased interest from institutional investors, propelling its speculative demand. Cryptocurrency Whales sell over $2 billion Bitcoin ...