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The post <a href="https://coinpedia.org/price-analysis/chatgpt-predicts-post-halving-bull-run-in-bitcoin-to-hit-250000/">ChatGPT Predicts Bitcoin Bull Run Post-Halving; BTC Price To Hit $250,000</a> appeared first on <a href="https://coinpedia.org">Coinpedia Fintech News</a> 
With a bearish opening this week, the price of Bitcoin is quickly declining and breaks below the $64,000 mark. Amidst this crash, the total market capitalization of the crypto industry shows a drastic decline of 5.93% in a day to hit the $2.318 Trillion mark.&nbsp; 
Marking multiple bearish candles in the daily chart, the bulls are losing their strong footing and warn of a downfall this week. 
<h2 class="wp-block-heading" id="h-breakout-rally-takes-a-pause">Breakout Rally Takes A Pause</h2> 
With a sharp fall of 6.93% this week, the<a href="https://markets.coinpedia.org/bitcoin/"> Bitcoin price</a> is forming a prominent bearish candle, threatening an intense sell-off coming shortly. Currently, the BTC price shows a retest of the $64K support zone slightly below the neckline of the rounding bottom pattern.&nbsp; 
<figure class="wp-block-image size-large">
 <img decoding="async" width="1024" height="509" src="https://image.coinpedia.org/wp-content/uploads/2024/03/19161347/image-167-1024x509.png" alt="" class="wp-image-280088" srcset="https://image.coinpedia.org/wp-content/uploads/2024/03/19161347/image-167-1024x509.png 1024w, https://image.coinpedia.org/wp-content/uploads/2024/03/19161347/image-167-300x149.png 300w, https://image.coinpedia.org/wp-content/uploads/2024/03/19161347/image-167-768x382.png 768w, https://image.coinpedia.org/wp-content/uploads/2024/03/19161347/image-167-1536x764.png 1536w, https://image.coinpedia.org/wp-content/uploads/2024/03/19161347/image-167-150x75.png 150w, https://image.coinpedia.org/wp-content/uploads/2024/03/19161347/image-167.png 1600w" sizes="(max-width: 1024px) 100vw, 1024px">
</figure> 
<a href="https://www.tradingview.com/x/ApfGolKe/">TradingView</a> 
In the larger price trend, the ongoing correction comes as the retest of the rounding bottom breakout. However, the price action showcases an evening star pattern as it peaks at $73,794. Hence, the short-term move reflects a bearish play in action.&nbsp; 
Considering the buyers polarize the downfall to a post-retest reversal, the uptrend in Bitcoin could surpass the $74,000 mark. In such a case, as per the Fibonacci levels, the BTC price could hit the 1.618 Fib level at $95,952. 
On the flip side, a downfall continuation could hit the $60,000 mark.&nbsp; 
For a longer-term perspective, we asked ChatGPT to predict the BTC price post-halving. This is what the AI predicted.&nbsp; 
Also Read : <a href="https://coinpedia.org/price-analysis/bitcoin-halving-prediction-deja-vu-for-btc-price-the-pre-halving-peak-pattern-strikes-again/">Bitcoin Halving Prediction Déjà Vu for BTC Price; The Pre-Halving Peak Pattern Strikes Again!</a> 
<h2 class="wp-block-heading" id="h-bitcoin-price-prediction-by-chatgpt-nbsp">Bitcoin Price Prediction By ChatGPT&nbsp;</h2> 
Starting with the considerations, the GPT4.0 included top catalysts and reasonings like the previous bull runs, the ongoing price action, and the <a href="https://markets.coinpedia.org/bitcoin-etf/">Bitcoin ETFs</a> in play. With such considerations, the GPT is trying to avoid any potential black swans.&nbsp; 
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 <img decoding="async" width="721" height="575" src="https://image.coinpedia.org/wp-content/uploads/2024/03/19161352/image-168.png" alt="" class="wp-image-280089" srcset="https://image.coinpedia.org/wp-content/uploads/2024/03/19161352/image-168.png 721w, https://image.coinpedia.org/wp-content/uploads/2024/03/19161352/image-168-300x239.png 300w, https://image.coinpedia.org/wp-content/uploads/2024/03/19161352/image-168-150x120.png 150w" sizes="(max-width: 721px) 100vw, 721px">
</figure> 
After such inclusions, the <a href="https://coinpedia.org/price-prediction/bitcoin-price-prediction/">Bitcoin price prediction</a> by ChatGPT takes a bullish route with the help of our above technical analysis. Further, using the above analysis and the power of AI estimation, the GPT predicts Bitcoin easily crossing the $100,000 mark.&nbsp; 
<figure class="wp-block-image size-full">
 <img decoding="async" width="665" height="433" src="https://image.coinpedia.org/wp-content/uploads/2024/03/19161356/image-169.png" alt="" class="wp-image-280090" srcset="https://image.coinpedia.org/wp-content/uploads/2024/03/19161356/image-169.png 665w, https://image.coinpedia.org/wp-content/uploads/2024/03/19161356/image-169-300x195.png 300w, https://image.coinpedia.org/wp-content/uploads/2024/03/19161356/image-169-150x98.png 150w" sizes="(max-width: 665px) 100vw, 665px">
</figure> 
As per ChatGPT, the post-halving rally could hit the $150,000 mark. On an even more optimistic approach, the extended bull run could hit the $250,000 mark in the next year.&nbsp;

ChatGPT Predicts Bitcoin Bull Run Post-Halving; BTC Price To Hit $250,000

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