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 <p class="paragraph">The New York Stock Exchange (NYSE) is considering implementing cryptocurrency trading, although the current regulatory framework prevents moving forward. As the world’s largest exchange in volume, such development could positively impact the demand for cryptocurrencies—Bitcoin (BTC) included.</p>
 <p class="paragraph">Looking for insights on the possible effects of an NYSE Bitcoin listing, Finbold asked OpenAI‘s most advanced artificial intelligence (AI) model, ChatGPT-4o, what the BTC <a rel="noopener noreferrer nofollow" title="price" href="https://thebittimes.com/tag/price.html">price</a> could be following this approval.</p>
 <h2 class="wp-block-heading" id="h-chatgpt-4o-bitcoin-price-prediction-in-hypothetical-nyse-listing">ChatGPT-4o Bitcoin price prediction in hypothetical NYSE listing</h2>
 <p class="paragraph">Notably, ChatGPT-4o has provided three <a rel="noopener noreferrer nofollow" title="price" href="https://thebittimes.com/tag/price.html">price</a> predictions for the short, mid, and long terms after receiving the proper context.</p>
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   <svg width="32" height="32" viewbox="0 0 32 32" fill="none" xmlns="//www.w3.org/2000/svg"><path d="M4 10.6665V25.3332C4 28.2678 6.392 29.3332 8 29.3332H28V26.6665H8.016C7.4 26.6505 6.66667 26.4078 6.66667 25.3332C6.66667 24.2585 7.4 24.0158 8.016 23.9998H28V5.33317C28 3.8625 26.804 2.6665 25.3333 2.6665H8C6.392 2.6665 4 3.73184 4 6.6665V10.6665ZM8 5.33317H25.3333V21.3332H6.66667V6.6665C6.66667 5.59184 7.4 5.34917 8 5.33317Z" fill="#EF4444"> 
    </path> <path d="M15.996 18.6668L20.4626 14.2815C20.738 14.0166 20.9571 13.6989 21.1068 13.3473C21.2564 12.9957 21.3336 12.6176 21.3336 12.2355C21.3336 11.8534 21.2564 11.4752 21.1068 11.1236C20.9571 10.7721 20.738 10.4543 20.4626 10.1895C19.9074 9.64148 19.1587 9.33422 18.3786 9.33422C17.5985 9.33422 16.8498 9.64148 16.2946 10.1895L15.996 10.4801L15.6973 10.1881C15.1423 9.64023 14.3938 9.33301 13.614 9.33301C12.8341 9.33301 12.0856 9.64023 11.5306 10.1881C11.2552 10.453 11.0361 10.7707 10.8865 11.1223C10.7368 11.4739 10.6597 11.852 10.6597 12.2341C10.6597 12.6162 10.7368 12.9944 10.8865 13.346C11.0361 13.6975 11.2552 14.0153 11.5306 14.2801L15.996 18.6668Z" fill="#EF4444"> 
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 <p class="paragraph">At first, the AI model believes the current short-term speculation regarding a possible NYSE listing is enough for a surge. In particular, ChatGPT-4o believes in a 20% to 30% <a rel="noopener noreferrer nofollow" title="price" href="https://thebittimes.com/tag/price.html">price</a> increase following the recent announcement as an immediate reaction. This would put Bitcoin at $82,000, which aligns with a reported <a rel="noopener noreferrer nofollow" title="Category Analysis" href="https://thebittimes.com/analysis.html">Analysis</a> on Finbold from a veteran cryptocurrency trader.</p>
 <p class="paragraph">Second, OpenAI’s flagship product is expected to be priced between $100,000 and $120,000 in the mid-term. This is considering the combined effect of new investor inflows, increased legitimacy, and broader acceptance within six to 12 months.</p>
 <p class="paragraph">Finally, the long-term BTC price prediction puts the leading cryptocurrency in a price range between $150,000 to $200,000.</p>
 <blockquote class="wp-block-quote">
  <p class="paragraph">“If crypto trading on NYSE leads to further institutional adoption, enhancements in market infrastructure, and overall market growth, Bitcoin could potentially aim for the $150,000 – $200,000 range as the market matures and the asset continues to solidify its place as a digital store of value.”</p>
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 <figure class="wp-block-image size-large"><img decoding="async" width="1024" height="451" src="https://cdn.thebittimes.com/images/2024/06/01/7939af2a0b2e20bb2d6828b817128202.webp" alt="" class="wp-image-180071" srcset="https://cdn.thebittimes.com/images/2024/06/01/7939af2a0b2e20bb2d6828b817128202.webp 1024w, https://cdn.thebittimes.com/images/2024/06/01/7939af2a0b2e20bb2d6828b817128202.webp 300w, https://cdn.thebittimes.com/images/2024/06/01/7939af2a0b2e20bb2d6828b817128202.webp 768w, https://cdn.thebittimes.com/images/2024/06/01/7939af2a0b2e20bb2d6828b817128202.webp 1536w, https://cdn.thebittimes.com/images/2024/06/01/7939af2a0b2e20bb2d6828b817128202.webp 2048w" sizes="(max-width: 1024px) 100vw, 1024px">
  <figcaption class="wp-element-caption">
   ChatGPT-4o model Bitcoin price prediction in the given context. Source: <em>NanoGPT</em>
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 <h2 class="wp-block-heading" id="nyse-open-to-crypto-trading-with-clear-regulations-cme-plans-spot-trading">NYSE open to crypto trading with clear regulations; CME plans spot trading</h2>
 <p class="paragraph">In the Consensus 2024 event, NYSE President Lynn Martin said the exchange would consider offering cryptocurrency trading if U.S. regulations were clearer. The success of U.S.-listed spot Bitcoin ETFs, amassing $58 billion, indicates demand for regulated crypto products. CME, NYSE’s rival, plans to launch spot crypto trading for clients, as also reported by <em>CoinDesk</em>.</p>
 <p class="paragraph">Bullish CEO Tom Farley highlighted the rapid change in U.S. politics towards crypto, predicting regulatory progress in 2024-2025. Martin remains optimistic about using blockchain to improve financial processes, especially for less liquid assets.</p>
 <p class="paragraph">However, Farley believes regulators’ distrust of public blockchains may push TradFi firms towards developing private blockchains for settlement. Clear regulatory guidance is crucial for the crypto industry’s growth and innovation in the U.S.</p>
 <h2 class="wp-block-heading" id="btc-price-analysis">BTC price analysis</h2>
 <p class="paragraph">As of this writing, Bitcoin trades at $67,724, maintaining a price range between $60,000 and $72,000. Nevertheless, currently trading above the 30-day exponential moving average (30-EMA) suggests a bullish potential to challenge the range’s resistance and fight for the $82,000 as forecasted by ChatGPT-4o.</p>
 <p class="paragraph">Additionally, Bitcoin’s daily relative strength index (RSI) also suggests a growing momentum that can propel this potential bull rally. BTC is up 60% year-to-date from the $42,284 exchange rate on January 1.</p>
 <figure class="wp-block-image size-large"><img decoding="async" width="1024" height="662" src="https://cdn.thebittimes.com/images/2024/06/01/705b562fa30e9c2d676f2036040a84b0.webp" alt="" class="wp-image-180072" srcset="https://cdn.thebittimes.com/images/2024/06/01/705b562fa30e9c2d676f2036040a84b0.webp 1024w, https://cdn.thebittimes.com/images/2024/06/01/705b562fa30e9c2d676f2036040a84b0.webp 300w, https://cdn.thebittimes.com/images/2024/06/01/705b562fa30e9c2d676f2036040a84b0.webp 768w, https://cdn.thebittimes.com/images/2024/06/01/705b562fa30e9c2d676f2036040a84b0.webp 1536w, https://cdn.thebittimes.com/images/2024/06/01/705b562fa30e9c2d676f2036040a84b0.webp 1875w" sizes="(max-width: 1024px) 100vw, 1024px">
  <figcaption class="wp-element-caption">
   BTC/USD daily price chart. Source: <em>TradingView</em> / Finbold
  </figcaption>
 </figure>
 <p class="paragraph">In closing, the above ChatGPT-4o’s price prediction for Bitcoin will depend on a number of factors and is not guaranteed. Further regulatory developments, investors’ interest, and traditional finance offerings could significantly impact the cryptocurrency in the following years.</p>
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<p>Source: <a rel="noopener noreferrer nofollow" target="_blank" href="https://thebittimes.com/chatgpt-4o-predicts-bitcoin-s-price-if-nyse-approves-btc-trading-tbt90861.html">https://thebittimes.com/chatgpt-4o-predicts-bitcoin-s-price-if-nyse-approves-btc-trading-tbt90861.html</a></p>

ChatGPT-4o predicts Bitcoin’s price if NYSE approves BTC trading

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