Is Bitcoin Really in a Bear Market and Where Is the Bottom?

BTC’s backside may not be in, warned ChatGPT and stated there could possibly be extra ache forward for traders. This is how low bitcoin might go.

Every time bitcoin corrects after a protracted rally, the overall query inside the cryptocurrency neighborhood is whether or not that is one other “wholesome” retracement in a bull market, or the development has modified utterly, and the bears are in full management.

The previous few months, although, do not appear to be a regular correction. Bitcoin traded above $126,000 in early October earlier than it plunged to below $100,000 by the tip of the yr. Its spectacular begin to 2026 was rapidly halted, and the asset plummeted to $60,000 final Friday, charting a 52% drop since its all-time excessive.

What’s maybe much more worrying is the truth that most different asset lessons, together with the dear metallic market, stored using excessive throughout this time, charting consecutive new peaks.

As such, we determined to ask ChatGPT if it believes BTC is certainly in a bear market or whether or not that is one other ‘typical’ correction.

Is It a Bear Market?

The AI answer acknowledged the substantial crash in early February, indicating that it “represents a serious structural shift.”

“Importantly, the $60K zone was a former breakout degree in the course of the 2025 rally, which now acts as important assist.”

If the cryptocurrency finds a stable assist and stabilizes at these ranges, because it has completed up to now week, the transfer south might “resemble earlier 50% resets seen throughout sturdy cycles,” stated the AI. Nonetheless, a breakdown under these ranges might “strengthen the bear thesis considerably.”

In conclusion to this query, ChatGPT stated that BTC is certainly in a bear market, at the least by the definition of that phrase. The one factor that continues to be unsure is the magnitude and length.

You may additionally like:

The place Is the Backside?

OpenAI’s platform believes there’s a 35% likelihood that the underside was in at $60,000. Nonetheless, its most definitely state of affairs envisions at the least another leg down that would drive the cryptocurrency to $50,000-$52,000.

“The $50K area represents a powerful psychological degree and prior consolidation zone. A transfer right here would mark a roughly 60% drawdown from the all-time excessive, aligning with extra extreme however nonetheless cyclical corrections.”

ChatGPT additionally outlined two excessive instances, each of which it believes are extremely unlikely – a capitulation crash to $40,000-$45,000 or a full-on investor exodus to below $35,000. However, it defined that each of those eventualities would require an enormous black swan occasion, akin to FTX’s collapse or a brand new struggle.

Will Bitcoin Endure?

Irrespective of which of the aforementioned eventualities materializes, ChatGPT stays optimistic on bitcoin’s long-term potential. It reminded that the asset has skilled and survived far worse drawdowns of as much as 80% and even 90% in its early days.

“Essentially the most real looking backside vary at present sits between $50K and $60K, with a deeper flush towards the low-$40Ks potential if macro circumstances worsen. Nonetheless, bitcoin has proven excessive resiliency up to now, and there’s not a lot proof to counsel in any other case now.”