The Bitcoin halving event has come and gone, leaving investors wondering what’s next for the world’s largest cryptocurrency.
However, in an exciting twist, the AI model ChatGPT has weighed in with its analysis – and provided a post-halving price prediction for BTC.
Bitcoin Shows Signs of Life After Halving Event
Bitcoin is showing signs of life after a bearish period last week.
The coin is now trading at $65,860, up over 4% since the halving and 10% from Friday’s lows.
This price point marks Bitcoin’s highest value in over a week as it tests dynamic resistance at the 20-day exponential moving average (EMA) on the daily chart.
Some technical analysts are also eyeing the potential formation of a huge bull flag pattern that could lead to further upside.
Bitcoin’s upswing
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