ChatGPT Forecast: Bitcoin Could Break $90,000 by Early May
Date: 2025-04-21 Author: Gabriel Deangelo Categories: CRYPTO PAYMENTS
Bitcoin (BTC) continues to be in a consolidation phase, and investors are closely monitoring attempts to break through the resistance level in the $85,000 region. Against this background, two AI tools have issued their forecasts for May 1, 2025, predicting further growth of the first cryptocurrency.
According to ChatGPT's estimate, Bitcoin could trade in the range of $91,000 to $96,000 by early May. This growth is due to the effect of the halving that took place in April 2024, which has previously provoked long bull market phases. In addition, interest from institutional investors, especially through spot ETFs, helps curb selling during market downturns, which supports positive dynamics.
ChatGPT also noted that the recent break above $80,000 has strengthened the technical picture, with the $90,000 to $95,000 range remaining the next important target. In the absence of major external factors such as new regulatory hurdles or macroeconomic shocks, Bitcoin’s path remains upward, according to the AI.
Meanwhile, another AI tool, Grok, has provided a more moderate forecast. It suggests that BTC will trade in the $88,000 to $92,000 range on May 1. Grok’s analysis points to neutral RSI readings and positive moving average signals, suggesting further upside potential without the risk of an immediate collapse.
Grok also highlighted strong support in the $80,000–$82,000 region. However, resistance near $100,000 could limit short-term gains, especially if the market does not receive new drivers.
A similar view was expressed by analyst Ali Martinez, who noted on April 12 that there is a key support zone at $82,690. According to his data, more than 1.98 million crypto wallets, holding a total of about 2.42 million BTC, are in profit in the range between $82,690 and $95,620. This indicates a steady interest in buying and confirms the importance of this price corridor for both current holders and potential investors.
Thus, both AI tools suggest an upward trend for Bitcoin in the coming weeks, despite possible fluctuations, and key support and resistance levels remain the focus of analysts.
