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AI predicts Bitcoin price for May 1, 2025

Bitcoin ( BTC ) remains in a consolidation phase, and breaching the $85,000 resistance has emerged as a key target for investors. Amid this market sentiment, two artificial intelligence (AI) models are projecting that the maiden digital currency is likely to edge higher on May 1 and possibly trade slightly above the $90,000 mark. Overall, insights from OpenAI’s ChatGPT and xAI’s Grok present a cautiously optimistic outlook for Bitcoin. AI predicts Bitcoin price ChatGPT predicted that Bitcoin will trade between $91,000 and $96,000 by the beginning of May. The model cited continued momentum from Bitcoin’s April 2024 halving, which has historically triggered multi-month rallies. It also highlighted sustained institutional interest, particularly through spot Bitcoin ETFs , which continue to absorb supply during market dips. ChatGPT Bitcoin price prediction for May 1,2025. Source: ChatGPT According to ChatGPT, the technical setup remains bullish following Bitcoin’s recent breakout above $80,000. The AI tool suggested the next key resistance lies between $90,000 and $95,000, making a short-term rally toward that range plausible. ChatGPT sees the “path of least resistance” as upward unless an unforeseen regulatory or macroeconomic event derails the current trend. Conversely, Grok provided a slightly more conservative outlook, projecting that Bitcoin will trade between $88,000 and $92,000 on May 1. The model highlighted that Bitcoin’s technical indicators remain favorable. With a neutral Relative Strength Index ( RSI ) and bullish moving averages , there appears to be room for further upside without the immediate risk of a sharp correction. Additionally, Grok identified strong support between $80,000 and $82,000, while resistance near the $100,000 level could limit short-term gains. Supporting this view, cryptocurrency analyst Ali Martinez noted in an X post on April 12 that Bitcoin’s key support currently stands at $82,690. At current price levels, approximately 1.98 million addresses holding 2.42 million BTC are in profit, within the $82,690 to $95,620 range, indicating robust buying interest in this zone. However, Martinez also flagged significant resistance at $95,620, where 1.66 million addresses holding 1.66 million BTC are currently in the red. Bitcoin In/Out of money around price chart. Source:Ali_charts This level could prove to be a major hurdle for bullish momentum. Therefore, a decisive break above $95,620 may act as a catalyst for renewed upward pressure, potentially propelling Bitcoin toward the psychological $100,000 mark. Bitcoin price analysis At the time of writing, Bitcoin was trading at $84,317, down approximately 1.3% over the last 24 hours. On the weekly timeframe, the asset has posted modest gains of approximately 0.8%. Bitcoin seven-day price chart. Source: Finbold At the current valuation, Bitcoin is trading slightly below its 50-day simple moving average (SMA) of $84,786 and notably under its 200-day SMA of $86,407, suggesting short-term weakness relative to its longer-term trend. Market sentiment is neutral, but the Fear & Greed Index sits at 37 (Fear), reflecting cautious investor sentiment. Featured image via Shutterstock The post AI predicts Bitcoin price for May 1, 2025 appeared first on Finbold . Decrypt

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XRP, ETH & SOL Institutional Funds Record Inflows, BTC Plummets

Crypto assets extended losses last week as sell pressure gripped investors. Overall, institutional sales remained strong due to high Bitcoin (BTC) numbers, although altcoins traded in the opposite direction. Analysts expect a surge in altcoins like XRP, Solana (SOL), and Ethereum (ETH) with the influx of fresh institutional capital. This month, the wider market has traded sideways, wiping out previous gains. Altcoins Outpace Bitcoin Data from CoinShares Digital Asset Weekly Flows shows a general bearish sentiment in crypto assets last week. XRP institutional inflows gained $38.3 million in the previous seven days, up from monthly inflows of $68.9 million. This increase comes despite a major market selloff, restating bullish sentiments. XRP became an institutional favorite last year after speculation about a major price jump due to certain factors. Large-scale investors flock around altcoins linked to a spot ETF, as seen in Ethereum last year. These products are huge market drivers, opening up a new investment window for traditional players. XRP whales accumulated assets after institutional signals continued to soar. Aside from ETFs, an easing in US regulations set the tone for larger inflows. Following Donald Trump’s victory, XRP price soared from under the $1 mark to $3, hitting levels not seen in months. The asset temporarily displaced USDT as the third-largest crypto after its market cap soared above $140 billion. Currently, year-to-date (YTD) flows to XRP stand at $200 million due to a bullish January. Ethereum recorded $3.7 million in inflows, a slight increase compared to the total monthly gain of $789 million. This follows a sharp price drop below the $2,700 level after the infamous Bybit incident. YTD inflows are now over $984 million, with bulls looking to extend figures past the $1 billion mark. Solana and Cardano posted $9 million and $0.1 million inflows, respectively. Bitcoin Products Fall Short Bitcoin was the most affected digital asset from last week’s negative trading. Institutional exits totaled $571 million while overall net flows hit $508 million. Recent poor performance lowered sentiment as the price dipped below $100K. At this level, BTC traders hope to recover lost positions, but global macro factors pose a threat to bulls. “ We believe investors are exercising caution following the US Presidential inauguration and the consequent uncertainty around trade tariffs, inflation, and monetary policy. This is also evident in trading turnover, which has fallen considerably from US$22bn 2 weeks ago to US$13bn last week.” Decrypt