In this paper, we derive and analyze cooperative localization bounds for endoscopic wireless capsule as it passes through the human gastrointestin (GI) tract. We derive the Cramer-Rao lower bound (CRLB) variance limits on location estimators which use measured received signal strength(RSS). Using a three-dimension human body model from a full wave simulation software and log-normal models for RSS propagation from implant organs to body surface, we calculate bounds on location estimators in three digestive organs: stomach, small intestine and large intestine. We provide analysis of the factors affecting localization accuracy including various organ environments, external sensor array topology and number of pills in cooperation. The simulation results show that the number of receiver sensors on body surface has more influence on the accuracy of localization than the number of pills in cooperation inside the GI tract.