ChatGPT highlights institutional interest, regulatory shifts, and the 2024 Bitcoin halving as significant factors for BTC’s price movement.Current Google Trends data suggests limited public interest in Bitcoin.The AI-powered language model ChatGPT estimated that there are ten vital elements that should be in place for Bitcoin’s price to start rising next year. Among the most essential ones are supply and demand, institutional interest, and regulatory developments.
Other factors that could play a role include macroeconomic events , technological developments, media influence, market manipulation, wider adoption, speculation, and the upcoming halving. The last time BTC’s popularity spiked substantially was at the beginning of November 2021. A few days later, the asset’s price blasted to approximately $69,000, a level unmatched ever since.The Future of EOS: The World’s Largest ICO With ENF CEO Yves La Rose