Regulation
We Asked ChatGPT-4o What Bitcoin Price Would Be If Kamala Harris Became President; Here’s What He Said
Following the announcement that current United States President Joe Biden is withdrawing from the presidential race and endorsing his Vice President Kamala Harris to replace him, investors are wondering how the political landscape following his potential victory could affect the price of Bitcoin (Bitcoin).
Indeed, Finbold loaded ChatGPT-4o, one of the most recent models of the OpenAI invention ChatGPTto provide an overview of the possible price range of the flagship decentralized finance product (Challenge) an asset if Harris were to actually win the race and become the next president of the United States.
Harris’s Take on Bitcoin
In particular, popular artificial intelligence (AI) The platform analyzed several factors that could affect the price of Bitcoin if Harris wins, including his views on the girl cryptocurrency and the crypto the market in general, its relevant actions in the past, as well as the historical performance of the asset’s price.
Specifically, he argued that while Harris has not explicitly expressed strong positions on Bitcoin or cryptocurrency, her position could align with the Democratic Party’s broader views, advocating for stricter rules. regulation but also the “recognition of potential blockchain “Technology at the service of innovation and improvement in various sectors.”
Additionally, ChatGPT-4o noted a slight drop in Bitcoin’s price following Biden’s endorsement, “reflecting the immediate market uncertainty,” and that neither she nor her husband held any digital assets, suggesting a “cautious stance on cryptocurrencies, which could lead to neutral or potentially slightly negative market sentiment.”
“If Harris decides to follow Biden’s relatively cautious approach to cryptocurrency regulation, the market could see restrictive measures that could push BTC prices slightly lower.”
On the other hand, the AI platform observed that the “recent election campaign” of Republican presidential candidate Donald Trump Pro-Bitcoin Position generated positive sentiment in the market, creating a contrasting approach between the two potential candidates.
Bitcoin Price If Harris Wins
Against this backdrop, ChatGPT-4o provided several potential price ranges for the largest asset in the crypto sector by market capitalization, including $60,000 – $75,000 short term (1 to 6 months), $65,000 – $85,000 in the medium term (6 to 12 months), and $70,000 – $120,000 long term (1 to 4 years).
According to the chatbot, its short-term goals take into account “initial market reactions and regulatory clarity,” while the medium-term forecast focuses on “administration policies and general market trends,” while the long-term forecast focuses on “a balanced regulatory approach that fosters innovation while ensuring consumer protection.”
Bitcoin Price Analysis
Meanwhile, at press time, Bitcoin was changing hands at $67,290, registering a 0.38% increase over the past 24 hours, a 7.23% advance over the previous week, and a slightly more modest 4.66% gain accrued over the past month, according to data from July 22.
Bitcoin price chart over 7 days. Source: Finbold
Elsewhere, the vice-presidents in office investmentswhether done alone or with her husband, Douglas Emhoff, suggest focusing on exchange-traded funds (AND F), action walk, real estate, bank deposits and pension plans, playing a key role in Kamala Harris Net Worth.
Disclaimer: The content of this site should not be considered investment advice. Investing is a speculative activity. When you invest, your capital is at risk.