Total Pageviews

Thursday, June 9, 2022

Bitcoin Obituaries

Right now, the sentiment on most assets is at the dismal bottom. No difference for Bitcoin.
But for Bitcoin, it has been announced to be dead almost since its birth. Below are the Bitcoin Obituaries presented in a chart with each red dot representing an obituary.
Just for fun, I show you two below: the very first obituary and the most recent one. In total in its entire life span over 12 years, Bitcoin has already died 452 times😨😨
Sounds scary, right? Well, actually I see this as a great strength for Bitcoin: regardless how bearish people can be on it, Bitcoin is only becoming stronger day after day
with its adoption rate shooting up fast and institution funds pouring into it!

Let's check back in a few months to see where Bitcoin stands. I bet within one year, we will likely see new highs for Bitcoin!πŸ˜‡πŸ€—πŸ’ͺ




No comments:

Post a Comment