Bitcoin (BTC) continues to trade in bearish territory, extending its recent losses, with the $80,000 level emerging as a key support that could prevent further declines amid an alarming capital outflow.
Currently, Bitcoin is at a three-month low, trading below $90,000, as investors focus on identifying a potential price bottom before any rebound.
Finbold consulted xAI’s latest artificial intelligence (AI) model, Grok 3, to assess when Bitcoin might find a floor. According to the AI model, Bitcoin’s correction is nearing its final stages, with a potential bottom forming in the coming weeks.
The downturn follows Bitcoin’s all-time high of $108,000 in late January. Grok 3 noted that historically, BTC experiences corrections of 20% to 40% after parabolic rallies, making the current pullback a typical occurrence.
In this context, the model highlighted key psychological and historical support levels, identifying $80,000 as a critical floor. In a worst-case scenario, Bitcoi
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