Bitcoin Price Correction Looms: ChatGPT Predicts Possible Drops

The cryptocurrency market continues to be plagued by uncertainty, with many analysts debating the future prospects of Bitcoin.

A recent analysis by ChatGPT sheds light on the possible scenarios for the asset's price in the near term. According to the model, there is a 25% chance that Bitcoin will fall below $50,000 from its current level near $63,000.

This assessment is part of a broader set of probabilities assigned by ChatGPT, which include a 60% likelihood of breaking below $60,000 and a 45% chance of dropping under $55,000. On the other hand, there is a 40% probability that Bitcoin will manage to stay above $60,000 in the near term.

The model's predictions are based on current market conditions and do not take into account potential external factors that could influence the asset's price.