With Bitcoin ( BTC ) regaining bullish momentum, insights from OpenAI’s artificial intelligence tool ChatGPT suggest that the cryptocurrency is likely to trade at a new record high by the end of October. Notably, Bitcoin’s momentum is positive after breaking $120,000, showing a bullish short-term trend despite the 0 1 present, Bitcoin and the broader market outlook are likely to see further momentum, as the macroeconomic environment supports risk 2 instance, a Federal Reserve rate cut expected later this month could boost investor appetite for 3 interest continues to grow, with ETFs and crypto funds adding upward pressure on the 4 price prediction Based on these factors, ChatGPT projects that by October 31, Bitcoin could trade in a range of $128,000 to $136,000, with a base-case price of $132,000.
A bullish scenario could push Bitcoin above $140,000 if momentum and ETF inflows accelerate, whereas a sharp correction or regulatory concerns could see it drop toward $120,000. The AI model also noted that key technical levels show support at $118,000 and $115,000, while resistance sits at $125,000 and $130,000, with the psychological barrier of $140,000 also in 5 price prediction for October 31, 2025.) of $113,680, signaling sustained short-term bullish momentum, trading roughly 7.4% higher than this key support 6 200-day SMA at $104,714 further reinforces a bullish long-term uptrend, with the price elevated by about 16.5%. Complementing this, the 14-day Relative Strength Index (RSI) at 67.57 remains in bullish territory, nearing but not yet overbought, suggesting room for continued upside before potential 7 image via Shutterstock
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