Bitcoin News Today: ChatGPT Forecasts Bitcoin Supercycle With $200K Price Target Driven by ETF Inflows and Global Liquidity Trends

Bitcoin is drawing attention as ChatGPT predicts the potential for a "supercycle," which could see the price rise to $200,000, deviating from the traditional four-year cycle pattern that has historically shaped its price action [1]. The AI model suggests that Bitcoin may no longer follow the parabolic surges and sharp corrections of the past but instead adopt a more stable trajectory, similar to gold or equities, with steady growth and smaller corrections [1].

Three key drivers are cited to support this supercycle thesis: the growing inflow into spot Bitcoin ETFs, global liquidity expansion driven by declining trust in fiat currencies, and Bitcoin’s evolving role as a monetary hedge attracting institutional and sovereign investors [1]. Spot ETFs, in particular, are expected to generate over $400 billion in inflows by 2026, which would represent just 0.4% of global investable assets shifting into Bitcoin [1]. This projection forms the basis for a $149,000 price target, with the possibility of reaching $200,000 if positive feedback loops such as derivative market amplification and accumulation by nation states take effect [1].

From a technical perspective, Bitcoin is currently trading around $118,000, above a key support level, which supports a bullish outlook [1]. On the 4-hour chart, BTC has respected a trendline from late June, and a close above $123,236 could open the door to $126,242 and the psychological $130,000 level [1]. The 50-SMA is at $118,848, and the formation of a bullish flag suggests a potential breakout [1]. The RSI stands at 42.5, indicating room for further upward movement, while a breakdown below $113,000 would invalidate the bullish bias [1].

A proposed trade setup includes an entry at $117,700–$118,000, with a stop-loss below $113,650 and price targets at $123,236, $126,242, and $130,000 [1]. Momentum indicators remain bullish, with MACD lines showing positive crossover and traders watching for a bullish engulfing candle around $117,335–$117,700 as confirmation of demand [1].

In addition to price action, the broader adoption of Bitcoin is expected to fuel ecosystem growth, benefiting companies tied to the cryptocurrency [1]. A new project, Bitcoin Hyper ($HYPER), aims to enhance Bitcoin’s utility by combining its security with the speed of Solana’s Virtual Machine, enabling fast, low-cost smart contracts and dApps [1]. The project has already raised over $9.7 million in its presale, with HYPER tokens available at $0.012725 [1].

Source: [1] Bitcoin Price Analysis: ChatGPT Predicts BTC Supercycle – Is $200K Now in Play? (https://cryptonews.com/news/bitcoin-price-analysis-chatgpt-predicts-btc-supercycle-is-200k-now-in-play/)