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Crypto Market3 days ago· 2 min read

✴️ Panic Peaks: “Bitcoin Is Dead” Searches Surge

Bitcoin
Bitcoin

Google search queries for “BTC will go to zero” and “Bitcoin is dead” have reached all-time highs, signaling extreme pessimism across the crypto market.

Historically, such spikes in doom-related searches tend to coincide with capitulation phases rather than euphoric tops.

📉 Retail fear is extreme When mainstream search activity shifts toward collapse narratives, it often reflects:

  • emotional exhaustion
  • heavy unrealized losses
  • loss of conviction among newer participants

📊 Sentiment indicator flashing red Search trends are frequently used as a behavioral sentiment gauge. In previous cycles, peaks in “Bitcoin is dead” searches have aligned closely with:

  • local bottoms
  • volatility spikes
  • transition from panic to accumulation

Markets rarely bottom on good news.

They bottom when:

  • everyone expects further collapse
  • long-term holders absorb panic selling
  • narratives shift from “buy the dip” to “this time it’s over”

The irony? Every previous cycle that produced record “Bitcoin is dead” searches was followed by new highs in subsequent years.

⚠️ Extreme fear does not guarantee immediate reversal. Bearish conditions can persist longer than expected, especially in macro-driven environments.

However, from a behavioral standpoint, maximum pessimism is often a late-stage phenomenon.

Google data shows panic is widespread.

When the crowd searches for zero, smart money often starts searching for opportunity.

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