Two artificial intelligence (AI) models are forecasting that Bitcoin (BTC) will likely hold above the $110,000 mark by July 1.
The outlook comes as Bitcoin stabilizes, following a pullback triggered by uncertainty tied to geopolitical tensions in the Middle East.
As of press time, BTC was trading at $105,124, down about 0.3% in the past 24 hours and more than 2% over the past week.
Currently, Bitcoin is trading above the 50-day simple moving average (SMA) of $103,326 and the 200-day SMA of $87,532, a sign of strength in both the short and long term.
On the other hand, the 14-day relative strength index (RSI) stands at 54.22, indicating neutral momentum, with room for further upside without immediate correction pressure.
ChatGPT predicts Bitcoin price
Regarding the price outlook, Finbold turned to OpenAI’s ChatGPT to gauge where Bitcoin might head over the next two weeks. According to the model, BTC could trade around $114,000 by July 1, likely between $111,000 and $117,000. The forecast is based on solid technical momentum, favorable historical trends, and steady institutional inflows.
ChatGPT noted that 2025, a post-halving year, often brings Bitcoin gains. With continued ETF demand and institutional inflows, upward pressure will be seen throughout Q2.
It also flagged $102,000 as key support. A drop below could lead to $98,000, while strong momentum could drive BTC to $120,000.
Grok predicts Bitcoin price
Meanwhile, Grok, the AI model developed by xAI, offered a slightly more conservative view. Based on the current consolidation between $102,000 and $108,000, Grok projects Bitcoin will reach around $111,500 by July 1.
The model noted Bitcoin’s tendency to post short-term gains after periods of sideways movement, especially in a supportive macro environment with continued ETF inflows. Assuming no major disruptions, Grok sees a reasonable 6% climb from current levels.
However, Grok also outlined alternative scenarios: If resistance at $108,000 holds, a pullback to $103,000 could occur. Conversely, a breakout could push the price up to $116,000.
In summary, both AI models remain bullish heading into July. The key focus is whether Bitcoin can hold the $105,000 level, a critical point for sustaining its upward momentum.
Featured image via Shutterstock
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