This week, Bitcoin (BTC) has fallen by more than 6% — the flagship cryptocurrency is facing institutional sales and weakening technical indicators. However, the artificial intelligence (AI) model suggests that by the end of the month, a reversal in the BTC price chart may occur.
The leading data processing model OpenAI ChatGPT claims that the base scenario for February 1, which anticipates interest from institutional buyers, will set the price of Bitcoin in the range of $95,000 to $120,000.
This forecast anticipates a potential increase of up to 35% from the current price of around $89,000, thanks to which 'digital gold' could return to levels seen in early October 2025, when it reached a new all-time high above $126,000.
The chatbot suggested that a negative outcome could lead to the price of BTC falling somewhere between $75,000 and $90,000. This will require sustained risk aversion, a slowdown in institutional adoption, and larger market downturns that will exert strong pressure on the asset.
Improving macroeconomic conditions, including a softening of Fed policy, a strong influx of funds into Bitcoin ETFs, etc., could help the cryptocurrency rise to $150,000. However, according to ChatGPT, this is the least likely scenario.
In the short term, the question is whether BTC can recover and maintain above $90,000 in the coming days, or if a breakout will open the way for a dip towards the mid-range of $80,000.
