The US Federal Reserve this week cut interest rates by 50 basis points, for the first time in four years.

This caused risk assets to benefit. The clearest case was that of Bitcoin, which skyrocketed almost 10% in the last week, according to CoinMarketCap.

In this favorable context, the artificial intelligence was asked what the price of BTC would be for October 1.

AI calculates the future price of Bitcoin

The advanced algorithms of the analysis and forecasting platform PricePredictions set the BTC price for the first day of the following month at $70,107.

What is striking is that the experts agreed with the quote calculated by the AI. For example, Ali Martínez stated that the leading cryptocurrency is very likely to reach $70,000 if it remains above $62,000.

Bitcoin rise 0.9% in the last 24 hours to trade at $63,400, accumulating a year-to-date gain of 50%.