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Such searches about BTC’s demise reached their highest levels in a while.
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Summarize with AI
Summarize with AI
“The news about my death is greatly exaggerated.” Guess what, bitcoin is dead – again. At least according to people who search for that on Google and, of course, those who proclaim its demise.
Such instances in the past, though, have been followed by intense rallies as BTC typically tends to move in the opposite direction of what the crowd expects from it.
Bitcoin Is Dead Searches on the Rise
It’s worth noting that when we tried to recreate the same search for “Bitcoin Is Dead” on Google Trends, the results were somewhat different from what Rekt Fencer reported. The analyst said these queries on the world’s largest search engine had just hit ATHs, but our graph showed that the peak was in December 2025.
The levels are still quite high now, and have risen in the past few weeks, especially since BTC’s price tumbled from $90,000 to $60,000 by February 6. The retail crowd, which is usually Google Trends’ user base, has increased the searches for bitcoin’s untimely death.
Interestingly, the number of queries now is a lot higher than what happened after the FTX crash in late 2022. At the time, the uncertainty levels were through the roof, with many questioning the overall state of the market since one of its giants had just collapsed in days. Shortly after, bitcoin crumbled to $16,000 in what was a full-on bear market.
BTC’s crash at the time was for more than 75%, while this time, it retraced by a more modest 52% from top to bottom. Yet the crowd’s sentiment seems much more fragile now. However, most comments below Rekt Fencer’s post agreed that such negative feelings typically lead to immediate and impressive price reversals.
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Dead 477 Times
Bitcoin used to be proclaimed dead so many times in the past, especially in its early and more volatile days, that websites had to be created to track all those obituaries. Two of the most popular ones – the obituaries page at 99bitcoins and bitcoindeaths – show close numbers. According to the former, BTC has been called dead 467 times, while the latter shows 477 such occasions.
The last such examples were from February when one Deutsche Bank strategist said BTC must no longer be considered ‘digital gold,’ or a Financial Times columnist argued that even at $69,000, BTC’s price is still too high.
Well, bitcoin didn’t die after each of those 467/477 death proclamations. Just the opposite; it returned stronger than ever, attracting new sorts of investors, reaching new price peaks, growing its network usage, and so on. Why should we believe things should be any different now?
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Source: https://cryptopotato.com/bitcoin-is-dead-searches-hit-new-highs-is-the-bottom-in/
