Bitcoin Has Died Nearly 500 Times as Bear Market Bottom Signals End of Crypto

2022-11-16 20:30

Renowned Indian Author Chetan Bhagat wrote a column declaring that crypto is dead. Is it the sign at the bottom?

The article from the well-known author Chetan Bhagat focuses on how crypto is dead due to the collapse of FTX. He expressed his strong anti-crypto opinion stating that crypto is like communism which promises decentralization but ultimately leads to power in the hands of a select few.

Crypto is never coming back. It’s done. Please do not waste your money on it. It is not an investment. Stay away from Bitcoins, and get yourself some CommonSenseCoins!

Chetan Bhagat Bitcoin declared dead 465 times.

Bitcoin has been declared dead 465+ times, according to a page in 99Bitcoins, that counts the total reported Bitcoin obituaries. The Underground Economist made the first such report with the title, “Why Bitcoin can’t be a currency,” when the price of Bitcoin was $0.23. The article is no longer live today.

Satoshi Stacker, a well-known crypto analyst, predicted that as more and more people hear about the damage caused by FTX, there will be more reporting on “Crypto is Dead.”

Is the bottom in?

The crypto community believes that such articles are a signal for the bottom. Usually, during the market bottom, the FUD (Fear, Uncertainty, and Doubt) is at its peak. The frequency of articles claiming the death of crypto increases. The chart below shows that most articles with bearish sentiment were written when the market was preparing for a rally in Nov 2013.

Source: 99Bitcoins

Similarly, 93 obituaries were reported when the market bottomed in 2018. In 2020 various reports claimed Bitcoin was worthless, dead, and rat poison. The exception to this was in 2017 when over 124 articles were written declaring crypto dead due to multiple bans on crypto exchanges, Initial Coin Offering (ICOs) in China.

Crypto is not dead. If you are not dead.

If you are dead. Crypto is still not dead.

— Anndy Lian (@anndylian) November 15, 2022

Got something to say about the death of crypto or anything else? Write to us or join the discussion on our Telegram channel. You can also catch us on Tik Tok, Facebook, or Twitter.

For BeInCrypto’s latest Bitcoin (BTC) analysis, click here.

The post Bitcoin Has Died Nearly 500 Times as Bear Market Bottom Signals End of Crypto appeared first on BeInCrypto.

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Источник: beincrypto.com

crypto bottom → Результатов: 126

Valkyrie Funds, Ark Invest Say Crypto Has Hit ‘Bottom’ Amid Recession Woes

Frank Downing, director of research at Ark Invest and Steven McClurg, co-founder of asset management firm Valkyrie, joined “First Mover,” to discuss why crypto may have reached its “bottom,” and their crypto-focused separate managed accounts (SMAs).

2022-10-8 21:53	Markets
crypto bottom invest ark valkyrie discuss mover

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Are Crypto Traders Becoming Less Confident The Bottom Is In?

A fall in an important Bitcoin-related metric with ties to overall crypto market sentiment over the past couple of weeks, suggests that recent price action across the crypto market has traders and investors increasingly fearing that the bottom isn’t in for Bitcoin, and may be adjusting their expectations and preparing positions in anticipation of the... The post appeared first on NewsBTC.

2020-1-2 20:00
crypto bottom traders market bitcoin isn investors

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Crypto Analyst: Bitcoin Continues To Follow Bear Market Bottom Fractal

After Bitcoin price broke down from its multi-month triangle formation, the entire crypto market is watching, waiting, and wondering where the bottom of the current downtrend is. But according to a fractal that appears shockingly similar to Bitcoin’s bear market bottom, the crypto asset has already bottomed and is about to explode back up to.

2019-10-12 23:00
crypto bottom bitcoin market fractal bear continues

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Dec 14th Crypto News Recap Part 2: Coinbase, EU Sandbox, Cryptojacking, BBVA Bank, Crypto Valley [VIDEO]

Bitcoin (BTC) Price Finds New 2018 Low at $3,180 USD as Investors Seek for the Bottom's Bottom Bitcoin (BTC) Price Finds New 2018 Low at $3,180 USD as Investors Seek for the Bottom's Bottom Coinbase Crypto Exchange Launches the Single Sign On (SSO) via Consensus Coinbase Crypto Exchange Launches the Single Sign On (SSO) via […]

2018-12-15 09:31	News
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Ripple [XRP] Sentiment Analysis | When Bottom Or When Moon?

The price of XRP has maintained a level of $0.3 for a while even amid the bearish crypto market. In the last 24 hours, the market has seen a drop of 1.16% to $0.287. While the tendency for more fall still ranges in the crypto market as the top Cryptocurrencies are struggling to maintain recent […] The post Ripple [XRP] Sentiment Analysis | When Bottom Or When Moon? appeared first on ZyCrypto.

2018-12-15 23:43	xrp news
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Most Cryptos Very Close to the Bottom Says This Week’s Technical Analysis

The weekly Crypto Technical Analysis is provided by Dmitriy Gurkovskiy, Chief Analyst at RoboForex. Needless to say, all statements and views expressed below and any forecasts contained herein are solely based on.

2018-12-12 19:29	Exchanges
analysis technical most week very cryptos close

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Markets Update: Cryptocurrency Traders Are Still Searching for the Elusive ‘Bottom’

The entire crypto-economy has been meandering just above $109 billion after the last two weeks of market dumps. Volume has been light this week as digital asset enthusiasts and traders are now pondering the crypto market’s next big move.

2018-12-11 23:50
market traders bottom markets elusive searching cryptocurrency

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Ripple’s XRP: Are We Approaching a Possible Bottom?

During the most recent dip in the crypto market, Ripple’s XRP has not fallen in price as much as most other cryptocurrencies. It is currently right at the support area ($0. 24-$0. 28) formed by the lows in October 2018 and the highs of October 2017.

2018-12-8 19:14	Technical Analysis
xrp ripple support most october bottom approaching

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Bitcoin Slips Below $3,500; Is $3,300 The Bottom Or Is $1,500 Still Possible?

The month of December started out better than November but it is now turning out to be every bit a cryptocurrencies holder’s worst nightmare as November. Today, major coins have taken a dramatic drop with most coins losing 10% to 20% of their value.

2018-12-7 16:55	Bitcoin Price
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Cryptojacking: 415,000 Routers Infected with Cryptocurrency Mining Malware Globally

While the price of bitcoin has nearly hit rock bottom from its $20,000 all-time-high of 2017, the bloodbath has not deterred bad actors from carrying out cryptojacking attacks. According to a Digital Trends report on December 4, 2018, rogue actors have installed crypto mining malware on 415,000 MikroTik routers globally.

2018-12-7 22:00
bitcoin cryptojacking actors routers 415 mining cryptocurrency

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Tough times shake up Japanese crypto sector

With many Japanese crypto exchanges and miners owned by ‘traditional’ corporate businesses, 2018’s bear market has negatively impacted parent company bottom lines - triggering shakeouts and rethinks within Japan’s nascent crypto sector

2018-12-5 14:00	BNC insights
crypto japanese sector company bottom parent lines

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Prominent Analyst: Crypto “Very Close” To Finding Bitcoin (BTC) Bottom

Crypto Analyst: Bitcoin Cash Hard Fork, Regulatory Qualms Have Been Bearish Catalysts Naeem Alsam, a crypto-friendly contributor to Forbes and the Chief Market Analyst at ThinkMarkets, recently sat down with CoinTelegraph in the outlet’s “Time To Buy Bitcoin [BTC]?” exclusive to discuss his opinions on the market, and where BTC could potentially bottom.

2018-12-4 07:00
bitcoin btc analyst crypto bottom market prominent

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Video: Top 5 Unanswered Questions As 2019 Approaches

Today Kiana talks about the biggest worries facing nervous investors at the end of a bearish 2018. As market caps continue to slip lower, many crypto holders are wondering if they’ve reached the bottom, or if this slide has a few more dips left.

2018-12-3 20:35	Видео
crypto video approaches 2019 unanswered questions left

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Market Analyst Of IG.com Suggests Bitcoin Might Be Reaching A Capitulation Moment

Bitcoin has lost an important part of its value during this year, and it has plummetted even further during the last weeks. This is why the crypto community is asking when virtual currencies will reach the bottom of this market.

2018-12-2 22:12	News
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Will History Repeat? Bitcoin Price Patterns Repeating Previous Market Cycle

Price predictions have been coming thick and fast over the past couple of weeks since crypto markets took their biggest dive in mid-November. Bitcoin has been the litmus test for the rest of the crypto market which still seems to be hopelessly coupled to its price swings.

2018-11-30 14:00
price market bitcoin crypto repeat patterns repeating

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Crypto Analyst Prediction: Bitcoin Price Bottom in December 2018 or February 2019?

Although virtual currencies have been operating in a downtrend since the beginning of the year, Bitcoin and cryptos could reach a bottom in the coming months. According to the Bitcoin and market analyst David Puell, Bitcoin could be reaching a bottom between December and the first quarter of 2019. $BTC: 1/ BAD NEWS: We haven't […]

2018-11-29 20:46	News
bitcoin bottom 2019 could december analyst puell

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Crypto Investor: Bitcoin Has Yet To Bottom, But $4,200 Is a Steal

On Wednesday, after a multi-week sell-off that saw crypto assets toss and turn non-stop, investors in this market found some much-needed reprieve. In the span of 12 hours, Bitcoin surged past $3,800, establishing a five-day high at $4,375 on the back of an aggressive influx of buying pressure.

2018-11-29 17:00	price
crypto bitcoin saw steal yet investor 200

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Ether Price Analysis: Untested Support Leaves Shaky Foundation During Drop

Much like the rest of the crypto market, ether has found itself devalued by more than 90% since its all-time high of $1,400 back in December of 2017. And now, almost a year later, ether sits just above $100 on what appears to be shaky ground during its latest round of selling over the last few weeks:Figure 1: ETH-USD, Daily Candles, Rapid DescentSimilar to bitcoin’s movement discussed in yesterday’s article, ETH-USD experienced a parabolic growth profile during its bull run.

2018-11-28 01:55	ethereum
support ether hold bitcoin untested market figure

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Look at Data From Past Bitcoin Crashes and You Might (Possibly) Feel Better

After a bearish year of perennial price swings that culminated in months of tightly wound sideways movement, the (former) bottom has dropped out for bitcoin and the wider crypto market.

2018-11-28 21:44	Investing
bitcoin market percent network year price crash

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Pomp Goes On Mainstream Bitcoin Crusade, Calls Bottom On CNBC

After CNN, A. Pomp Heads To CNBC To Talk Bitcoin After appearing on crypto-related segments on CoinTelegraph, Ran NeuNer’s CNBC Africa-sponsored Crypto Trader, and most recently and notably, CNN International, Anthony “Pomp” Pompliano, one of the most diehard Bitcoin advocates, cut out some time to appear on CNBC’s early-morning Squawk Box panel.

2018-11-27 06:15	price
cnbc bitcoin pomp most cnn crusade mainstream

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Mike Novogratz: ‘It Sucks to Build a Business in a Bear Market’

Former Goldman Sachs partner and Fortress hedge fund manager Mike Novogratz is hoping for Bitcoin to bottom out. The cryptocurrency has lost over 75 percent of its value this year, which is challenging for people like him, who are trying to build businesses based on digital assets.

2018-11-26 18:59	Cryptocurrency
mike build novogratz bitcoin cryptocurrency sachs goldman

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Bitcoin Bounces Off $3,500, Analysts Skeptical That Crypto Bottom Is In

On Saturday, after Bitcoin’s days of relative stability at $4,300, a fresh wave of selling pressure washed over crypto investors worldwide, sending Bitcoin well below its purported support levels at $4,000 and $3,800.

2018-11-26 15:00	Market
bitcoin crypto came 500 off bounces skeptical

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Michael Moro Acknowledges The Crypto Market Ugliness, Optimistic Bitcoin’s Bottom Is $3,000

In an interview with CNBC, Michael Moro, CEO of trading firms Genesis Trading and Genesis Capital Trading, revealed that he expects to see a continued downward trend, ‘until you kind of hit the 3K-flat level'.

2018-11-26 11:23	News
moro trading michael genesis bitcoin until level

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Fred Wilson Advises Crypto Investors To Buy More Digital Assets, Asserts Confidence In ETH Token

Fred Wilson Advises Crypto Investors To Buy More Digital Assets In January, Fred Wilson advised cryptocurrency investors to sell their holdings. On the contrary, the prominent Silicon Valley venture capitalist is encouraging investors to buy digital assets.

2018-11-26 00:20	Trading & Investing
investors fred digital buy assets wilson crypto

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Are We There Yet? When Will Crypto Markets and Bitcoin Hit The Bottom

When things go south in crypto land it happens fast, a digital avalanche sweeping away everything that stands in its path and blasting most of digital coins into oblivion. This weekend’s exodus has been a third wave of selling which has resulted in the loss of over $90 billion from crypto markets this month alone.

2018-11-25 15:00	price prediction
crypto markets when digital bottom yet hit

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Why This Might Just Be the Bottom for Bitcoin (BTC)

If you could have suggested to any crypto trader and enthusiast earlier this year that Bitcoin (BTC) would drop to current levels of $3,700 he or she might as well declared you insane. But the reality remains that we are where we are due to a few factors that will be stated below.

2018-11-25 11:00	Ethereum (ETH)
bitcoin might btc current bottom factors due

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Bitcoin Drops $400 In An Hour To Trade Below $3,800. Is There Really A Bottom?

By now, crypto investors have become mentally prepared for the possibility of Bitcoin dropping suddenly and shedding billions of dollars in the process. However, at the back of their mind, many investors were confident that the $4,000 support level would hold strong and Bitcoin would use this level to bounce back.

2018-11-25 02:29	Bitcoin Price
bitcoin investors back really level bottom hour

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Crypto Insider: Bitcoin (BTC) Won’t Bottom Until $3,000

Bitcoin Bear Market Has Seen No Abatement Michael Moro, CEO of Genesis Trading, sat down with CNBC’s Squawk Box on Black Friday (November 23) to convey his opinions on the current status of the Bitcoin (BTC) and crypto asset market.

2018-11-24 06:56	price
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State Of The Crypto Markets: What On Earth Is Going On With Bitcoin And Blockchain’s World?

What Is going On In The Crypto World? About four days ago, the crypto markets began to crash hard. Now the race to the bottom appears to have picked up more speed. The BTC is a good example of this.

2018-11-22 01:42	News
crypto going world markets example good speed

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BTC, ETH, ADA – don’t buy the dip, still long way to the bottom

The dominating heuristics in the crypto space is the BTFD rule – buy the f…. dip. However, this dip is threatening to become a real sink to the deepest of bottoms and it is hard to determine a good entrance point.

2018-11-22 00:34	Crypto Journal
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“Bottom Not Reached Yet” Says This Week’s Crypto Technical Analysis

The weekly Technical Analysis is provided by Dmitriy Gurkovskiy, Chief Analyst at RoboForex. Needless to say, all statements and views expressed below and any forecasts contained herein are solely based on the.

2018-11-22 21:14	Editorial
technical analysis yet bottom reached week says

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Tough life of a crypto trader: Sad stories of holders about their path from bottom to ATH to now

Now that we finally got chased out of the stagnation and bitcoin fell significantly in only 10 days, holders are crawling out and whine with melancholy about the money they once “had” as crypto was in the delirium of last year end.

2018-11-20 22:50	Crypto Journal
holders crypto out stories had tough life

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Nobody Panic! Bitcoin Plummet Prompts Reassurance from Crypto Pundits

Bitcoin has dropped close to 30% in November and is hinting more losses. But many prominent crypto figures believe the digital currency will recover one way or another. CNBC Crypto Trader Ran Neu-Ner said that the crypto market is at most bearish not in a full-fledged panic mode.

2018-11-20 16:30
crypto bitcoin panic pundits nobody prompts plummet

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Arthur Hayes’ $5,000 Bitcoin (BTC) Prediction Comes True

Bitcoin (BTC) Hits $5,000 After Sell-Off, BitMEX CEO’s Prophecy Fulfilled In July, as reported by Ethereum World News, Arthur Hayes, the famed chief executive at Hong Kong-based BitMEX, unexpectedly predicted that Bitcoin (BTC) didn’t bottom at $5,800, even while the crypto market’s leading analysts begged to differ.

2018-11-20 04:56	price
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Crypto Experts Slash Bitcoin Price Predictions: Fact is, No One Knows

The recent crash in the crypto market has led Wall Street investors to slash their Bitcoin price prediction by half. Tom Lee, the co-founder of Fundstrat Global Advisors, lowered his year-end expectations to $15,000 from $25,000.

2018-11-17 15:00	Bitcoin Cash
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Op Ed: Anatomy of the Tether Attack: Are Stablecoins Vulnerable?

“Go for the Jugular” is the advice George Soros gave to his team during his famous attack on the British pound for a profit of $1 billion on so-called Black Wednesday in 1992.

2018-11-15 18:50	Op-ed
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Paraguay’s Economic Debt Crisis Could End with Bitcoin Mining as a Big Boost to the Bottom Line

Paraguay has had several hydroelectric towns that many had associated them with the drug cartels, ammunition and also smuggling. But now it has become the new home for the crypto miners in the market who have been connected to a very sophisticated network involved with mining crypto coins for their owners. It is finally giving […]

2018-11-14 02:43	News
mining had crypto paraguay market new miners

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Ditch Ethereum At Your Own Peril: DApp Founder

Ethereum (ETH) has had bad press lately. Erstwhile Ethereum dApps are moving onto other networks; prices are at rock bottom. At a conference not too long ago, one cryptocurrency trader described ether tokens as “practically dogshit.

2018-11-9 17:59	security
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Apple’s Steve Wozniak Discusses His Bitcoin Investment “Experiment” on Crypto Trader Interview

Steve Wozniak, the co-founder of Apple, recently sat down with Crypto Trader on how he sees Bitcoin and everything it is involved with. Wozniak didn’t get in at the bottom level, but he joined around the time that Bitcoin cost about $70 per BTC, investing via Mt Gox as his platform. Interestingly, Wozniak was quick […]

2018-10-29 00:35	News
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Genesis Global Trading Thinks Ethereum (ETH) Token Price Has Hit Its Bottom

Crypto Industry in Shock as Ethereum Reportedly Bottoms Out Genesis Global Trading, the crypto investment company targeting institutional investors, recently reported that the short interest for Ethereum had substantially declined by September 2018.

2018-10-22 21:58	News
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Ether Price Analysis: Historic Support Tested Amid Signs of Distribution

It’s been weeks since ether has seen a new high or a new low and the market has found itself range-bound. At the moment, we are seeing signs of distribution as large rounds of selling have remained present during key support tests:Figure 1: ETHUSD, 4 Hour Candles, Trading RangeSo far, for the last few weeks, ether has seen a trend of higher lows and low highs (the converging red trendlines).

2018-10-20 01:31	Op-ed
support trading range level ether test market

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Is a Gradual Decline to $3,500 in Play For Bitcoin?

Bitcoin so far has been able to find support above the so-called bottom area below $6,000. But it is not enough to beat the long-term bearish bias, according to a famous cryptocurrency analyst. Crypto Thoreau, in one of its latest tweets, predicted that Bitcoin price is in for a drop towards $3,500.

2018-10-19 13:03	Bitcoin
bitcoin 500 decline gradual play analyst tweets

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Institutional Interest in Crypto During Bearish Times is Bullish

An oversold market makes the best time to enter. And experts believe it is happening with crypto industry as it retains a yearly bearish bias. The significant dip seen in 2018, followed by consecutive strong rebounds from a specific bottom area has upped medium-term bullish sentiments in the crypto market.

2018-10-16 16:00	#investment
crypto bullish bearish market interest times institutional

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Top Bitcoin and Cryptocurrency News For Today October 15th [VIDEO]

Newly Published Journal Indicates Maturing Crypto Market Is Great News For Bitcoin Newly Published Journal Indicates Maturing Crypto Market Is Great News For Bitcoin DocuSign Expands By Adding Ethereum (ETH) Support And Blockchain Integration DocuSign Expands By Adding Ethereum (ETH) Support And Blockchain Integration Bitcoin Price Flirts With Year's Bottom As Trading Volumes Approach 2018 […]

2018-10-16 07:45	News
bitcoin expands great adding support integration blockchain

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This May Be the End of Bitfinex, One of the Biggest Exchanges in Crypto

After last week’s price drop, investors have become optimistic in the positive short-term trend of crypto. The new bull run is being led by Bitcoin, which has managed to regain and exceed its former bottom of $6,000.

2018-10-16 22:00	Tether
bitfinex crypto may one biggest exchanges provided

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Has Bitcoin Bottomed Out With its Last Dip at $6,200? Investors Optimistic

Since Bitcoin found a foothold in the $6,200-$6,800 range in early-August, crypto traders have been doing their best to discern where this unpredictable market will head next. But, with positive crypto-centric news becoming commonplace, there has been an unprecedented number of investors, commentators, and industry leaders that have foreseen a bottom in the tumultuous cryptocurrency market.

2018-10-15 11:59	price
investors bitcoin optimistic 200 out bottomed market

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Cryptocurrency Market Update: A Lazy Sunday in Crypto Land

FOMO Moments Crypto markets are horizontal today; Only Digitex Futures is pumping. Cryptocurrency markets are still at the bottom following their mid-week dump. There has been no sign of a bounce back to previous levels as total market capitalization is still hovering just above $200 billion.

2018-10-14 05:12
cryptocurrency crypto market markets still sunday lazy

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Joe Crypto: The Market Calls The Shots

We can try and make sense of yesterday’s absolutely brutal market correction, where the bottom fell out of crypto and dragged most of the market with it for a few heart-wrenching hours. The New York Stock Exchange had its worst day for eight months, rising interest rates in the US drew the ire of the […] The post Joe Crypto: The Market Calls The Shots appeared first on Crypto Briefing.

2018-10-12 23:53	Markets
crypto market joe calls shots eight months

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Ethereum (ETH) Remains In The Safe Zone, No Cause For Concern Yet

Chart for ETH/USD (4H) Ethereum (ETH) investors have nothing to worry about. The recent decline in Ethereum (ETH) sure was frightful. It is alarming to see the price of an asset decline by more than 10% in a single day.

2018-10-11 18:30	ethereum
eth price ethereum market however bear trend

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