In an extreme scenario, Sam Altman’s ChatGPT estimates that Bitcoin could fall to between $28,000 and $42,000, with a longer-term target of $18,000 or less by January 1, 2027. This scenario depends on coordinated regulatory and banking action across multiple jurisdictions that would classify Bitcoin as a high-risk asset and impose restrictions on institutional custody and allocation. Bitcoin was trading around $78,000, consolidating between $77,000 and $79,000, while key support levels were monitored between $72,000 and $74,000. The article nevertheless describes the forecast as purely speculative and unlikely, and notes that its coverage of the Bitcoin Hyper presale is promotional content.
Source: Read the original article
Disclaimer: this content is for information purposes only and is not financial advice. Cryptocurrencies are highly volatile: you may lose all of your capital. Always do your own research. Legal notice
