ChatGPT-4o Forecast: June FOMC meeting rate cut or hint of rate cut could push BTC to between $73,000 and $75,000 or higher
Historically, FOMC meetings and interest rate decisions have had a significant impact on the price of Bitcoin. Finbold provided technical analysis and financial marekt forecast background for ChatGPT-4o to predict the price of BTC until June 12.
Against this backdrop, OpenAI's flagship artificial intelligence (AI) model predicts that Bitcoin will trade between $68,000 and $73,000. However, hints of a rate cut or imminent one could push BTC beyond its range. ChatGPT-4o predicts that BTC will be between $73,000 and $75,000 or higher in this unlikely economic scenario.