Currently, analysts are trying to determine the future direction of the main cryptocurrency, whose price this week is experiencing increased volatility. For example, on February 20, BTC set a 24-hour high at $52,900 and a daily low at $50,950. The day ended with fluctuations in the $52,000 range.

In this dynamic situation, machine learning algorithms based on artificial intelligence on a platform specializing in predicting future prices for various assets, PricePredictions, have calculated the price of Bitcoin on March 1.

AI predicts BTC growth in early March

So, the platform’s algorithms predict that Bitcoin will continue its rise in the coming weeks. According to the forecast, in the next 10 days, the world’s largest cryptocurrency will rise to $53,108.10. Moreover, it is anticipated that BTC will maintain its bullish momentum and will be at $55,789.10 in March and a month later.