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Chamath Palihapitiya Warns Bitcoin Will Hit Zero After Years of Bullish Calls

Published Source: Bitcoin.com NewsRead original

Crypto Insight Summary: Chamath Palihapitiya once predicted bitcoin would reach $1 million. Now he says artificial intelligence (AI) will eventually hack the Bitcoin protocol and ultimately send BTC’s value to zero. But the billionaire’s reversal follows a familiar pattern. From selling Tesla shares while publicly praising the company to acknowledging serious flaws in his SPAC empire, Palihapitiya has […] Crypto Insight Analysis: Direction: Bearish BTC Impact: Minor Impact Horizon: Short-term (1-3 days) Reasoning: High-profile investor's bearish prediction may cause temporary sentiment shift.

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Chamath Palihapitiya Warns Bitcoin Will Hit Zero After Years of Bullish Calls — Crypto Insight