'Bitcoin Going to Zero' Google Searches Rise With Crypto Sentiment in the Dumps
Search interest in terms like “Bitcoin going to zero” and “Is Bitcoin dead?” has surged to two-year highs as Bitcoin’s price continues to fall, currently trading around $66,561—47% below its October peak of $126,080. This rise in pessimism is reflected in the crypto market’s Fear and Greed index, which dropped to its lowest level since 2019, signaling “Extreme Fear.” Market sentiment and prediction platforms suggest further downside: most believe Bitcoin is more likely to fall to $55,000 than to rebound to $84,000, and a significant share expects a dip below $60,000. Despite bearish sentiment and short-term bearish predictions, experts agree Bitcoin is extremely unlikely to go to zero. Analysts estimate a worst-case drop to the $50,000–$55,000 range before any potential recovery. Meanwhile, prominent supporters like Michael Saylor remain bullish and continue to accumulate Bitcoin, expressing confidence in its long-term value.
