AIs Weigh in on Bitcoin's 25% Surge: Is Bear Market Over?

Bitcoin's price surged by 25% in just days to nearly $80,000 on Friday, its highest since May. This has led some to wonder if the bear market is over and a bull phase has begun.

To gain insight into this question, three popular AI chatbots - ChatGPT, Gemini, and Grok - were consulted. OpenAI's platform indicated that the bear market 'probably ended at the July low' when BTC dipped below $58,000 for the first time since late 2024.

Gemini and Grok largely agreed with this assessment, but also cautioned that there is no official confirmation yet. Gemini noted that declaring the end of a bear market requires macroeconomic confirmation, while Grok was cautiously bullish, saying BTC appears to be out of the woods unless another major bearish catalyst emerges.

The AIs all brought up the mid-May rally that drove BTC to $83,000, and warned that there are no guarantees that bitcoin won't follow the same fate and slump again. ChatGPT noted that the real test for BTC is not yet here, while Grok added that BTC has produced a spectacular rebound but has not yet repaired the entire bearish market structure.