November did not favor Bitcoin (BTC) bulls, with the price dropping roughly 17%. The landing of December brought further despair, raising the pivotal question: will Bitcoin dip to $50,000 or rebound to $120,000 by Christmas? To shed light on this, we sought insights from four leading AI chatbots.

What’s More Likely?

ChatGPT proposed that a drastic decline to $50K pre-Christmas could occur, necessitating a significant negative trigger. Such catalysts could include the collapse of a major crypto exchange or global military tensions.

Fed Decision in December, Source: Polymarket

Additionally, ChatGPT suggested a more favorable outlook, predicting a potential surge to $120K, contingent on renewed institutional interest in Bitcoin ETFs and robust macroeconomic optimism.

In conclusion, the bot hinted that Bitcoin might stabilize in the range of $70,000 to $95,000 throughout December.

Grok held an even more optimistic perspective, asserting that a fall to $50,000 by Christmas is out of the question for BTC.

Other Opinions

Perplexity also suggested a bullish trend, indicating that Bitcoin is more likely to reach $120K than plummet to $50K based on current technical analyses. Meanwhile, Google’s Gemini noted that while both price points are extreme, a drop to $50K seems less likely than a jump to $120K, despite prevailing bearish sentiments.

“Expect consolidation around $86K-$90K early December, then a push to $110K-$120K by December 25 if resistance cracks.”
Translation: Anticipate a stable phase between $86,000 and $90,000 at the start of December, followed by potential growth to between $110,000 and $120,000 by December 25 if resistance levels are surpassed.