BTC may not have bottomed out yet, ChatGPT warned, saying more pain could lie ahead for investors. Here’s how low bitcoin could go.
However, the past few months do not seem to be a regular correction. Bitcoin traded above $126,000 in early October before falling below $100,000 by the end of the year. The impressive start to 2026 was quickly halted and the asset plummeted to $60,000 last Friday, a 52% decline from its all-time high.
Perhaps more worrying is the fact that most other asset classes, including the precious metals market, continued to soar during this period, charting successive new peaks.
That’s why we decided to ask ChatGPT if it believes that BTC is indeed in a bear market or if this is another ‘typical’ correction.
Is it a bear market?
The AI solution acknowledged the substantial crash in early February, indicating that it “represents a major structural shift.”
“Importantly, the $60,000 zone was a former breakout level during the 2025 rally, which now acts as critical support.”
If the cryptocurrency finds solid support and stabilizes at these levels, as has happened over the past week, the southward move would “resemble previous 50% resets we have seen during strong cycles,” the AI said. However, a breakdown below these levels could “significantly strengthen the bear thesis.”
Concluding this question, ChatGPT said that BTC is indeed in a bear market, at least by the definition of that phrase. The only things that remain uncertain are the magnitude and duration.
You might also like:
Where is the bottom?
OpenAI’s platform believes there is a 35% chance that the bottom is at $60,000. However, the most likely scenario foresees at least one more move that could push the cryptocurrency to $50,000-$52,000.
“The $50,000 region represents a strong psychological level and an earlier consolidation zone. A move here would represent a decline of around 60% from the all-time high, in line with heavier but still cyclical corrections.”
ChatGPT also outlined two extreme cases, both of which it considers highly unlikely: a capitulation crash to $40,000-$45,000 or a complete investor exodus to below $35,000. Nevertheless, it explained that both scenarios would require a massive black swan, such as the collapse of the FTX or another war.
Will Bitcoin Last?
Regardless of which of the above scenarios plays out, ChatGPT remains bullish on bitcoin’s long-term potential. It was a reminder that the asset experienced and survived much worse drawdowns of up to 80% or even 90% in its early days.
“The most realistic bottom is currently between $50,000 and $60,000, with a deeper flush towards the low $40,000s possible if macro conditions deteriorate. However, Bitcoin has shown extreme resilience in the past and there is not much evidence to suggest otherwise now.”
SECRET PARTNERSHIP BONUS for CryptoPotato readers: Use this link to register and unlock $1,500 in exclusive BingX Exchange rewards (limited time offer).
#asked #Bitcoin #bear #market #bottom


