$ 20,415.00
$ 1,170.57
$ 0.999901
$ 0.463893
$ 0.328374
$ 1.00

Google Searches For “Bitcoin Dead” Hit An All-Time High

The price of Bitcoin (BTC) fell below $18,000, creating turmoil in the market over the weekend. Following that, searches for “Bitcoin Dead,” were the highest they have ever been simultaneous.

The phenomenon was noticed by many, including Alex Kruger, a market analyst. The latter twitted about it as well. 

“Historically, you would have done well if you bought Bitcoin every time a “bitcoin is dead” headline appeared. Logic says that when people lose hope, that’s when the bottom is in, according to Binance CEO Changpeng Zhao.

Only a few have predicted these market lows. Bitcoin’s (BTC) price has rebounded and is now trading above $20,000, following a fall to under $18,000 over the weekend.

According to Rek Capital, a market expert, many BTC indications show that we are near an absolute bottom in this macro bottoming period. Still, the more confluence we see, the more emotional we feel compelled to focus on the one or two metrics that signal $BTC might fall in value.

Until the next bull cycle, which is expected to be at least 4-5 years from now, he went on to say that it is best to average down Bitcoin from current prices and keep the amount.

Bitcoin data science shows that anything below $35,000 is an area that has historically yielded outsized ROI for long-term Bitcoin investors, which is why anything below $20,000 is a gift – he added.

Considering the market conditions, Bitcoin (BTC) could fall even lower.

Further interest rate rises are bound to be announced by the Fed, and the United States is on the verge of entering a recession. Nevertheless, that would be expected if investors began accumulating wealth and maintaining investment discipline.


Also read:

Related News

Meta Continues With Its NFT Plans

Meta stated that its other cryptocurrency initiatives are proceeding according to schedule after announcing the end of its Novi project. Non-fungible tokens (NFT) have been developing for a while by the company. The Novi initiative, which enables remittances and international money transfers, will shortly be shut down, the company announced recently. According to the company, the project will no longer operate as of September 1. Users of Novi were informed

Read More »

Bitcoin’s Lightning Network Now Available for Argentina From OpenNode Partnership With Lemon Cash

OpenNode, a supplier for Bitcoin payments, has teamed with Lemon Cash, a well-known Latin American bitcoin wallet service. The wallet’s cooperation with OpenNode allows over 1 million Lemon Cash users to now access Bitcoin’s Lightning Network. “This partnership is yet another example of our capability and belief in Bitcoin as the new base layer for global payments… We’re proud to support Lemon’s mission and its desire to scale and benefit

Read More »
LuckyBlock is a worldwide game and competition platform with play to earn rewards using blockchain protocols. They have already given many prizes to the participants of the game.

Lucky Block Partners with Crypto Academy

Lucky Block has partnered with Crypto Academy, as we look forward to many updates and launches ahead.  Lucky Block has reached a partnership with Crypto Academy, the renowned Crypto Marketing Agency, and Informational and Educational portal. With an incredible success rate in helping cryptocurrency-focused startups grow in the industry, the partnership with Crypto Academy is a stepping stone in the exciting journey ahead for Lucky Block. LuckyBlock is a worldwide

Read More »

My Coins

$ 20,415.002.95%
$ 1,170.574.83%
$ 0.4638932.59%
$ 0.9999010.01%

Newest Videos on YouTube

We inform and educate people about Cryptocurrencies and Blockchain technology.

© Copyright 2021, All Rights Reserved,
Crypto Academy


Contact Us

For any question conatct us through:

Disclaimer: All information and materials on this website are for educational purposes only. does not provide any form of financial advice. Cryptocurrencies are highly volatile, therefore any form of investing carries a high level of risk to your capital. It is recommended that you seek professional advice prior to implementing any investment or financial plan.

We do not ask you for your Cryptocurrency / We do not hold your Coins / We do not ask for Private Keys / Be aware of scammers and imposters.

Contact us only through: