The success of trading is often tied to market trend analysis and examining technical analysis to predict the future of an asset. Bard, a conversational, artificial intelligence (AI) chatbot developed by Google has shown some promise in being able to pull information directly from the internet to analyze crypto markets to give price predictions.
As a result, We have asked Google Bard what its price target for Bitcoin and a new crypto are for the month of June, and we have interesting results. Read on to find out the price targets Google Bard has set for Bitcoin and Tradecurve for June 2023.
Google Bard Sets Fair Price Target for Bitcoin (BTC)
Bitcoin (BTC), the world’s largest cryptocurrency has been attempting to break out of the 2022 bear market, rallying by almost 70% in the first quarter of 2023. However, several macro-economic events in May influenced the price of Bitcoin (BTC), forcing a downtrend.
When Google Bard was asked to predict the possible price for Bitcoin by the end of June 2023, the generative artificial intelligence (AI) system set a fair price target for the number one crypto. According to Google Bard, Bitcoin (BTC) could trade between $26,620 and $27,500 in June. Bard explains that factors like institutional adoption, positive macro-economic factors, and investors could cause Bitcoin to trade higher this month.
In the long term, Google Bard has an even more bullish prediction for Bitcoin (BTC). According to the generative AI chatbot, the price of Bitcoin could reach as high as $50,000 by the end of 2023. At Bitcoin’s current price of $26,483, the price forecast represents a 90% price increase.
Bard is Bullish About Tradecurve’s Prospects in June
Tradecurve is one of the few cryptocurrencies that remained on an uptrend while the cryptocurrency market suffered losses in May. The price of Tradecurve (TCRV) increased from $0.01 to $0.015 – an impressive 50% surge during a bearish month. Given the bullish momentum of Tradecurve in May, we also asked Bard what its price target was for Tradecurve in June.
Google Bard predicts an up to 50% price increase for TCRV in June – this means that the token could trade as high as $0.0225 by the end of June. Bard is bullish about Tradecurve as it is the first decentralized trading platform where users will be able to seamlessly trade a variety of global financial instruments including forex, options, ETF, commodities, and others from a single account.
These are some of the biggest markets with the over-the-counter (OTC) derivatives market valued at $632 trillion in June 2022 by Bank for International Settlements and the forex market recording trillions of dollars daily trading volume. This is the major reason why Bard and other market experts are bullish about the prospects of Tradecurve. In the long term, some market experts have predicted a price surge of up to 100x when the platform is deployed to the global market.
Visit the links to get more information about Tradecurve and the TCRV token:
Click Here To Buy TCRV Presale Tokens
