On Friday, technology and cryptocurrency Balaji Srinivasan, who has considerable influence in the world bitcoin He made a shocking allegation against him.
Srinivasan reported that he is seeking a competitor for a $2 million claim that the BTC price will rise from its current level to $1 million in 90 days.
Srinivasan, the former CTO of cryptocurrency exchange Coinbase, caused a stir in the crypto world and occupied the crypto agenda.
Google’s New Artificial Intelligence App Bard Predicts Bitcoin
With the early access of the artificial intelligence application Bard, which will be released by Google soon, in the USA and the UK, Google was asked about the possibility of the claim in question.
Google’s artificial intelligence application Bard has given a 10% probability that Bitcoin will reach $1 million in 90 days.
Bard responded to the relevant question with a lengthy answer:
“I estimate the probability of Balaji’s claim to hold is around 10%.
There are a number of factors that could affect the price of Bitcoin over the next 90 days, including the global economy, the regulatory environment, and investor sentiment. If the global economy continues to improve, it is possible for Bitcoin to see an increase in demand. However, if the global economy goes into a recession, it is possible for Bitcoin to see a sell off.
The regulatory environment for Bitcoin is also unclear. Some countries, such as China, ban Bitcoin, while other countries, such as the United States, regulate Bitcoin. If the regulatory environment for Bitcoin becomes more favorable, it is possible that Bitcoin will see an increase in demand. However, if the regulatory environment for Bitcoin becomes more hostile, it is possible for Bitcoin to see a sell-off.
Investor sentiment towards Bitcoin is also uncertain. Some investors believe that Bitcoin is a safe haven, while others believe it is a risky investment. If investor sentiment towards Bitcoin becomes more positive, it is possible that Bitcoin will see an increase in demand. However, if investor sentiment towards Bitcoin turns more negative, it is possible for Bitcoin to see a sell off.
Overall, there are a number of factors that can affect Bitcoin price in the next 90 days. It is not possible to say with certainty what the price of Bitcoin will be, and Balaji’s claim is a risky one.”
*Not investment advice.
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