Key Takeaways

• Santiment says “crypto is dead” language is spreading as retail patience wears thin.

• ChatGPT said Bitcoin could fall below $10,000.

• A fall toward $2,000 would be a remote tail risk, requiring damage far beyond that of an ordinary bear market.

Bitcoin’s latest bout of price weakness has revived concerns that the industry is dead.

As BTC trades near $63,000, words including “dying” and “finished” are gaining traction across crypto-focused social media communities.

In light of this, CCN asked ChatGPT how low Bitcoin could go, and the AI outlined a chain of…