cryptd.in

암호화폐 친화적인 인재를 위한 대체 링크드인

We Asked 2 AIs if Bitcoin’s Bear Market Has Officially Started

-

by

cryptd.in
in

After a promising start to October, bitcoin’s price has plunged hard in the following weeks, dropping by roughly 30% to dip below $90,000 yesterday.

Some analysts believe this marks the start of a bear market, so we decided to check whether two of the most popular AI-powered chatbots share this view.

Not Fully Confirmed

According to ChatGPT, strong signs are pointing in that direction, but it is too early to claim that BTC’s bull run is over. While the chatbot noted the double-digit price plunge over the past week, it said this does not guarantee a sustained bear market, as it can sometimes be just a temporary correction.

“Bear markets typically involve sustained declines over months or even years, along with broad investor capitulation – we may only be in the early phase,” it added.

ChatGPT also revealed other concerning factors, including weak institutional demand, outflows from spot BTC ETFs, and heightened investor panic. The Fear and Greed Index recently dropped to 10, which is an “Extreme Fear” zone and the lowest point since February this year.

BTC Fear and Greed
BTC Fear and Greed, Source: alternative.me

This might sound disturbing, but it could also mark the light at the end of the tunnel. Historically, some of the best buying opportunities have emerged when the mass of investors capitulates. The state of “Extreme Fear” might indicate that the market has overreacted to the downside, creating a moment where the asset is temporarily cheaper than its long-term value suggests.

In moments like this, it is always helpful to quote the legendary investor Warren Buffett, who once said: “Be fearful when others are greedy and greedy when others are fearful.”

Not Crypto Winter Yet

Google’s Gemini noted that BTC’s price tumbled by almost 30%% since its all-time high of over $126,000 last month, which can be interpreted as the start of a bear market.

“A drop of 20% or more from a peak is the conventional definition of entering bear market territory.”

The chatbot also outlined several technical signals that support that thesis, including the price falling below the psychological level of $100,000 and the formation of a “death cross.” Those willing to explore this technical pattern in detail can take a look at our detailed article here.

In conclusion, Gemini argued that BTC has technically entered bear market territory based on the price collapse and the breakdown of key indicators, and it will be interesting to see whether this evolves into a prolonged crypto winter.

게시물 We Asked 2 AIs if Bitcoin’s Bear Market Has Officially Started 에 처음 등장 크립토포테이토.

댓글

답글 남기기

이메일 주소는 공개되지 않습니다. 필수 필드는 *로 표시됩니다

최신 피드

인기 카테고리

ko_KR 한국어
ko_KR 한국어 en_US English ro_RO Română et Eesti ja 日本語 ru_RU Русский de_DE Deutsch es_ES Español zh_CN 简体中文 fr_FR Français zh_TW 繁體中文 pt_PT Português it_IT Italiano pl_PL Polski tr_TR Türkçe nl_NL Nederlands id_ID Bahasa Indonesia el Ελληνικά uk Українська bg_BG Български cs_CZ Čeština fi Suomi hu_HU Magyar lv Latviešu valoda lt_LT Lietuvių kalba nb_NO Norsk bokmål sk_SK Slovenčina sl_SI Slovenščina sv_SE Svenska

웹사이트 검색

인기 스토리

태그

#AlexeyPertsev (1) #BidenCryptoBan (1) #BidenElection (1) #BinanceVsCoinbase (1) #B비트코인 (425) #BitcoinETF (3) #B비트코인기초 (1) #B비트코인 취급 (1) #B비트코인가격 (5) #B비트코인가격수준 (1) #B비트코인펌프 (1) #B비트코인예치 (1) #B비트코인서지 (1) #BitcoinTop (1) #Bitfinex (1) #B비트 단위 (1) #브레이스브리지캐피털 (1) #BRC20토큰 (1) #BTC취득 (1) #B울리스틱 예측 (1) #BullishSentiment (1) #C중국광업 (1) #CPIP리뷰 (1) #CryptoAsset (2) #CryptoBattle (1) #CryptoBoom (1) #CryptoExpert (1) #CryptoInsights (1) #CryptoMania (1) #CryptoMarket (4) #CryptoPrediction (1) #CryptoPredictions (1) #CryptoRegulation (2) #CryptoTakeoff (1) #CryptoTiming (1) #CryptoTips (1) #CryptoTreasury (1) #CryptoUncertainty (1) #DerivativeJump (1) #Dogecoin (73) #DogecoinGains (1) #DogecoinVolume (1) #DutchCourt (2) #ECommerce (1) 1TP5테엘살바도르비트코인 (1) 1TP5테더리움 (69) 1TP5테더리움통증 (1) 1TP5테더리움가격 (1) 1TP5전문가 의견 (1) #FedRateCut (1) #FiatCurrency (1) #FinancialImpact (1) #FinancialPrivacy (1) #FirmShutdown (1) #FrozenAccounts (1) #IllicitFunds (1) #인플레이션데이터 (1) #투자 (1) #투자손실 (1) #일본기업 (1) #LegalAction (1) #LegalImpact (1) #법률 (1) #라이트닝 네트워크 (1) 1TP5시장분석 (3) 1TP5시장 모니터링 (1) 1TP5시장 예측 (1) 1TP5시장 예측 (1) #MarketProjection (1) 1TP5마켓지원 (1) 1TP5시장변동성 (1) #M결혼 (1) #MemeCoin (5) #MemeCoins (2) #M광부수익성 (1) #MoneyLaundering (2) #MtGox (4) 1TP5북한암호화 (1) 1TP5노보그라츠예측 (1) #P가격 마일스톤 (1) #P가격 예측 (2) #P가격 질문 (1) #PriceSurge (1) #P형량 (1) #QuantAnalysis (1) 1TP5규제압력 (1) #SEC안티크립토 (1) #ShibaInu (5) #SocialBuzz (1) 1TP5기술분석 (1) #Toncoin (3) #TornadoCash (3) #TornadoCashDev (1) 1TP5토네이도캐시개발자 (1) #UKCrypto (1) #업사이드 잠재력 (1) #USCongress (1) #와이오밍랜드 (1) #XRP가격 (1) #XRP업스윙 (1)

유용한 링크

유용하다고 생각되어 공유하고 싶은 링크.