As Bitcoin (BTC) struggles to hold above the $100,000 support, there are growing concerns that the asset could crash to the $50,000 mark. In this regard, insights by OpenAI’s ChatGPT point to the possibility of the asset plunging to that level in the coming months. ChatGPT noted that Bitcoin’s momentum is fading after failing to hold above $110,000, with the RSI cooling to neutral and the price hovering just above its 200-day moving average (MA) near $87,000, a sign the trend is losing steam. On the macro side, the AI highlighted the Federal Reserve’s cautious stance on rate cuts and tightening liquidity as potential drags on risk assets, while rising exchange inflows suggest growing sell pressure from investors
source: https://finbold.com/we-asked-chatgpt-when-bitcoin-will-crash-to-50000-heres-what-it-said/