ChatGPT predicts bitcoin price in case of Donald Trump’s victory in the US elections

Finbold analysts asked ChatGPT artificial intelligence how Trump’s victory in the US presidential election could affect the flagship crypto asset. The chatbot believes that Trump’s victory is likely to be favorable for bitcoin BTC $96,774.08 Bitcoin -1.71% Market capitalization $1.91 trillion VOL. 24 hours $2.89 billion , as his administration may seek deregulation, so the crypto community can expect a softer regulatory climate. As a result, bitcoin could rise significantly, and ChatGPT predicts a price range between $ 80,000 and $ 90,000.

However, ChatGPT also notes that politicians often fail to fulfill their campaign promises, which could lead to continued regulatory uncertainty during the Trump presidency. In this case, bitcoin could end up in a significantly lower range between $ 50,000 and $ 60,000.

Trump recently noted the independent nature of bitcoin, suggesting the potential need for regulation. He also stated that he is seeing a growing trend toward the use of bitcoin for payments. «Many companies are already accepting Bitcoin. And I see more and more people who want to pay with cryptocurrency,» the politician added. However, in the end, Trump still prefers traditional fiat money, in particular the dollar.

As a reminder, the crypto wallet of former US President Donald Trump has recently reached $ 5 million, all thanks to TRUMP digital tokens. The developers of the crypto project presented the former president with 579,281 tokens.

No Worries strongly advises readers not to invest in dubious crypto projects and digital tokens that are subject to high volatility.