25% Chance of Bitcoin Falling Below $50,000—Will It Become Reality?
As Bitcoin (BTC) lost the $65,000 support level, debate has reignited over the possibility of a breakdown below $50,000, with generative AI ChatGPT estimating the probability at 25%.
According to cryptocurrency-focused outlet Finbold on February 24 (local time), ChatGPT estimated a 25% chance that Bitcoin, currently trading around $63,000, could fall below the $50,000 mark. While acknowledging meaningful downside risk, it did not consider a drop to $50,000 as the most likely scenario at this stage.
A detailed probability distribution was also provided. The likelihood of falling below $60,000 was estimated at 60%, while the probability of dropping under $55,000 was put at 45%. Meanwhile, the chance of holding above $60,000 in the short term was assessed at 40%. The analysis noted that a move down to $50,000 would likely require additional negative catalysts, such as a loss of confidence across the broader digital asset market or a global macroeconomic shock.
ChatGPT highlighted the $55,000–$60,000 support zone as particularly critical. A clear breakdown of this range could accelerate selling pressure as traders react to technical bearish signals. Recent price weakness around the $60,000 level has somewhat increased downside risks.
Market outlooks remain divided. Some blockchain analysts warn that macroeconomic uncertainty combined with weakened investor sentiment could lead to a retest of the cycle low. In contrast, investment firm Bernstein argues that bearish views are excessive and maintains that Bitcoin has long-term upside potential toward $150,000. Standard Chartered revised its previous $150,000 target down to $100,000 but continues to hold a constructive outlook.
As of the time of reporting, Bitcoin was trading at $64,026, down about 1% over the past 24 hours and more than 5% over the past week. The immediate challenge is defending the $60,000 level. A breakdown could open the door to a move into the $50,000 range, while a successful hold may ease concerns of a sharper decline.
Disclaimer: This article is for investment reference purposes only and the publisher is not responsible for any investment losses incurred based on this information. The content should be interpreted for informational purposes only. <저작권자 ⓒ 코인리더스 무단전재 및 재배포 금지>
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