AI "Bitcoin projected to reach $76,500 by end of April"

▲ USD, Bitcoin (BTC) ©

Despite the initial downturn at the beginning of the year, Bitcoin (BTC) has continued its rebound, raising the possibility of surpassing $76,500 by the end of April.

According to crypto media outlet Finbold on April 10 (local time), Anthropic's AI model Claude predicted that Bitcoin would break through the key resistance level of $74,500 and rise to the $76,500 level by April 30.

Bitcoin started early 2026 at approximately $88,000 and briefly approached $97,000 in January, but then experienced a sharp decline, falling 17.59% year-to-date. As a result of increased price volatility during the first quarter, the number of 'million-dollar wallets' decreased from 148,084 to 127,494, with approximately 20,000 disappearing.

However, with an unstable truce forming between the US, Israel, and Iran in April, Bitcoin rebounded by 4.10% on a weekly basis, reaching approximately $72,122. Amidst this trend, the market is simultaneously observing the possibility of further increases and a renewed correction.

Claude cited increased ETF fund inflows, a supply reduction structure, growing institutional demand, and expectations for the US cryptocurrency market structure bill, the CLARITY Act, as upward factors. It also analyzed that if dovish remarks or interest rate cuts emerge from the Federal Open Market Committee (FOMC) meeting at the end of April, the upward momentum could be strengthened.

Conversely, factors such as the Relative Strength Index (RSI) remaining at a neutral level, the possibility of failing to break through the $74,500 resistance, and the potential for re-escalation of geopolitical risks in the Middle East were identified as downward factors. Overall, Claude assessed that while acknowledging short-term volatility, it leans towards a 'moderate increase' scenario.

*Disclaimer: This article is for investment reference only, and we are not responsible for any investment losses based on it. The content should be interpreted for informational purposes only.*