Is Bitcoin Really In A Bear Market And Where Are The Lows?

BTC’s bottom may not be there, warned ChatGPT and said there could be more pain for investors. This is how low bitcoin is.

Whenever bitcoin corrects after a long rally, a common question among the cryptocurrency community is whether this is another “healthy” return to the bull market, or the trend has completely changed, and the bears are in full control.

The last few months, however, don’t seem to be a regular fix. Bitcoin traded above $126,000 in early October before falling below $100,000 by the end of the year. Its impressive start in 2026 was quickly stopped, and the stock fell to $ 60,000 last Friday, the chart is down 52% since its peak.

Worryingly, other asset classes, including the precious metal market, continued to climb higher during this period, making consecutive chart highs.

So, we decided to ask ChatGPT if they believe BTC is really in a bear market or if this is just another ‘normal’ correction.

Is It A Bear Market?

The AI ​​solution admitted to a major crash in early February, indicating that it “represents a major structural change.”

“Importantly, the $60K area was the previous level to come up during the 2025 meeting, which now serves as an important support.”

If the cryptocurrency finds strong support and stabilizes at these levels, as it did last week, the move south “could resemble the 50% reset seen during strong cycles,” AI said. However, a decline below these levels “would strengthen the bearish view significantly.”

In closing this question, ChatGPT said that BTC is actually in a bear market, at least in the meaning of that phrase. The only thing that remains uncertain is the size and duration.

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Where is the floor?

The OpenAI forum believes there is a 35% chance that the minimum was $60,000. However, its most likely scenario sees at least one leg down that could drive the cryptocurrency to $50,000-$52,000.

“The $50K region represents a strong psychological level and an area of ​​prior consolidation. A move here would mark a decline of approximately 60% from the all-time high, accompanied by very difficult but ongoing corrections.”

ChatGPT also presented two worst-case scenarios, both of which it believes are highly unlikely – a capitulation crash at $40,000-$45,000 or the investor’s total exit going below $35,000. However, it explained that both scenarios would require a major black swan event, such as the collapse of FTX or a new war.

Will Bitcoin Last?

Regardless of any of the aforementioned scenarios that may occur, ChatGPT remains optimistic in the long-term potential of bitcoin. It reminded that the stock has faced and survived severe reductions of up to 80% or even 90% in its early days.

“The realistic low range currently sits between $50K and $60K, with a deep swing into the low $40K possible if major conditions worsen. However, bitcoin has shown extreme resilience in the past, and there is not much evidence to suggest otherwise now.”