Bitcoin prices continue to fall and are currently holding around $56,800. As previously predicted, both AI and my predictions have clearly shown a downtrend. Although it has fallen enough and it might be tempting to buy now and wait for a rise, I’m sorry to say that now is not the time to buy.
Bitcoin buyers have shifted to a wait-and-see approach, and it’s uncertain which direction the movement will predict. While a strong rebound could be enticing to catch early, it’s not advisable to make a move just yet.
Let’s take a look at the AI’s prediction results.
The AI currently predicts an upward trend for Bitcoin.
However, AI’s accuracy isn’t always reliable, so caution is necessary. In my view, it’s more of a 50/50 situation rather than a 70/30. Further declines could occur at any time, and there’s a real possibility that any apparent recovery could falter.
Therefore, I will not make a prediction for the next 24 hours.