Using ChatGPT to Understand When to Buy Pi Network (PI)
The post Using ChatGPT to Understand When to Buy Pi Network (PI) appeared on BitcoinEthereumNews.com.
Pi Network and it’s native cryptocurrency – Pi Coin – are undoubtedly amongst the most polarizing topics within the community. Nonetheless, we’ve decided to conduct a fun experiment and use the prominent AI-based chatbot ChatGPT to understand when it would be a good time to buy PI within the current market context, of course. The following is a conversation with ChatGPT and its arguments based on the 1-day, 4-hour, and 1-hour price charts. Let’s see how it goes. Defining Expectations and Tuning the AI If you’ve had any experience with ChatGPT, you will know that its data set could be lacking in certain areas. That’s why it’s important to fine tune it if you want more precise answers. First, it’s important to define the role of the bot for the conversation. In our case, we want it to act from the standpoint of a professional analyst and crypto trader, so that’s what we tell it. As soon as we do that, though, you can see some of its problems: Source: ChatGPT As you can see, ChatGPT doesn’t recognize PI as an officially tradeable cryptocurrency and hasn’t yet acknowledged the fact of its mainnet launch, which took place earlier this year. We had to remind it. Source: ChatGPT Okay, we’re finally on the same page. It’s sourcing price information from Binance’s page. Funnily enough, Binance is yet to list PI, if it ever will, but that’s a topic for another discussion. Pi Network Price Analysis: ChatGPT vs. Charts I will provide the images from the TradingView chart and ChatGPT’s answer in one edited frame so that it’s easier to navigate. Starting with the 1-day chart. Daily chart analysis, ChatGPT To summarize, ChatGPT considers PI to be in a strong bearish trend since achieving its all-time high in late February and is…
Filed under: News - @ June 21, 2025 10:27 am