Bitcoin (BTC) has fallen more than 6% this week, as the flagship cryptocurrency faces institutional selling and weakening technicals.
However, an artificial intelligence (AI) model suggests a reversal could occur on BTC's price chart by the end of the month.
OpenAI's leading data science model, ChatGPT, predicts that a baseline scenario for February 1st, assuming institutional buying interest, would see Bitcoin price in the range of $95,000 to $120,000.
This forecast implies a potential upside of up to 35% from the current price of around $89,000, which could send "digital gold" back to the level of early October 2025, when it reached a new all-time high above $126,000.
The chatbot predicted that a negative outcome would result in BTC price falling somewhere between $75,000 and $90,000. This will require sustained risk aversion, a slowdown in institutional adoption, and broader market downturns, which will put significant pressure on the asset.
Improving macroeconomic conditions, including Fed easing, strong inflows 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 hold above $90,000 in the next few days, or whether a breakout will pave the way for a decline toward the mid-$80,000 range.