Elon Musk's artificial intelligence, Grok, has projected a rebound in the price of Bitcoin to $130.000 this quarter, despite trade tensions and recent market volatility.
Grok, the artificial intelligence created by Elon Musk and considered one of the best predictive analytics tools, has generated new projections for the price of Bitcoin, the leading cryptocurrency in the global market.
According to their projections, Bitcoin could reach levels between 125.000 and $ 130.000 before November, provided favorable market conditions persist. This powerful AI's prediction is based on a set of technical and macroeconomic factors, ranging from on-chain data reflecting the steady and growing accumulation of large portfolios to the expectation of more flexible monetary policy in the United States.
Trade BTC on Bit2Me and take advantage of Grok's bullish prediction.Tensions with China halted Bitcoin's rally, but the Fed boosts expectations
Grok argues that the potential reduction in interest rates by the U.S. Federal Reserve, which left open the possibility of further cuts this past quarter, is one of the central elements of the bullish scenario projected for the price of Bitcoin.
According to AI, looser or more flexible monetary policy could free up capital into risk assets, and Bitcoin is at the forefront of that trend. The narrative of the leading cryptocurrency as safe haven asset against inflation It also gains strength in a context of economic uncertainty.
However, Grok's optimistic view contrasts with the immediate reality of the market. This October began with a strong upward trend, but it has also been marked by a significant setback in cryptocurrency prices, following the announcement of new tariff measures of the United States against China.
The imposition of 100% tariffs on Chinese products and additional controls on software exports triggered an immediate reaction in financial markets. Bitcoin fell more than 12% from its all-time high of $126.000 to around $110.000 per unit on October 11, dragging down smaller-cap tokens with it, which suffered even steeper losses.
The impact was amplified by massive liquidations in leveraged cryptocurrency positions, which exceeded $19.000 billion in just a few hours, as reported by this outlet.
Source: CoinGecko
Bitcoin looks to sustain its October rally
So far, the crypto market's pullback over the past week has Bitcoin in a critical support zoneGrok emphasizes that, according to technical analysts, the range between $108.000 and $112.000 has become a key level for defining short-term direction. If the price manages to hold within this range, the bullish scenario he proposes for the coming weeks could remain in place. Conversely, a sustained break below $108.000 would open the door to a deeper correction, with targets around $95.000.
The current trading volume in the Bitcoin market also reflects the current tension. Following the price crash, asset exchanges saw an increase in selling activity, although institutional demand picked up in the following days. Investment funds and asset managers are taking advantage of the drop to accumulate positions, suggesting that confidence in Bitcoin and cryptoassets in the long term remains intact.
Even so, the tariff war between the United States and China is adding a layer of uncertainty that is difficult to model.
On the one hand, protectionist policies are putting pressure on risk markets and generating capital outflows. On the other, global economic instability reinforces the narrative of Bitcoin as an alternative asset to fiat currencies exposed to inflation and devaluation. This duality explains the recent volatility and the difficulty of projecting a linear path toward the highs predicted by Grok.
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What Bitcoin faces before November
Heading into the fourth quarter, the market is moving between two opposing forces. On the one hand, Grok's prediction is supported by solid fundamentals: lower interest rates, increased global liquidity, and institutional accumulation. These factors could propel Bitcoin toward $125.000 or even $130.000 before November. On the other hand, the trade war and the volatility associated with US protectionist policies introduce a significant risk of further corrections.
Some analysts considering That, even in a scenario of prolonged tensions, Bitcoin could benefit from the perception of being a safe haven. Recent history shows that, in times of crisis, investors look for alternatives outside the traditional financial system. If that narrative holds true, last week's pullback could be seen as a pause in a broader market uptrend.
However, the scenario we see will depend on Bitcoin and the crypto market's ability to sustain technical support and the evolution of US monetary policy. If the Federal Reserve confirms a rate cut at its next meeting, the flow of capital into digital assets could intensify. In that context, Grok's projection of Bitcoin's price before November would not be mere speculation, but a plausible scenario supported by macroeconomic data and trends.
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