Is Bitcoin dead? Discover now & Get 30% OFF with code HOLDBTC30
If you have been watching the markets or scrolling through social media this week, you have probably seen the headlines. As Bitcoin slides below the $65,000 mark - down nearly 50% from its $126,000 peak late last year - the media is rushing to write its obituary yet again.
But at Paybis, we look past the panic and focus on the data. Before you make any emotional decisions about your crypto portfolio, here is the real research and broader context behind Bitcoin's latest "demise":
- The 467th Funeral: According to official trackers, mainstream media and financial analysts have now officially declared Bitcoin "dead" or "worthless" a staggering 467 times since 2010. We are simply watching the latest iteration in real-time.
- Macro Headwinds, Not Systemic Failure: This week's drop wasn't caused by a flaw in Bitcoin. It was triggered by broader macroeconomic shocks, specifically the sudden announcement of 15% global tariffs and renewed geopolitical tensions. This sparked a massive "risk-off" rotation across all global markets, leading to $3.8 billion in outflows from spot ETFs.
- Extreme Oversold Signals: Quantitative data shows that the recent selloff is firmly in tail-event territory. Bitcoin is currently trading nearly 3 standard deviations below its 200-day moving average - an extreme level of deleveraging that has historically signaled late-stage seller exhaustion, not a permanent collapse.
- The Fear Index Bottom: The Crypto Fear & Greed Index recently bottomed out at an ultra-rare 5 out of 100. Search interest for "Bitcoin is dead" just hit a perfect index score of 100 on Google Trends. Historically, these maximum fear spikes correlate heavily with market bottoms.
- The $70 million statistic: According to the official "Bitcoin Is Dead" tracker, if an investor had simply purchased $100 worth of Bitcoin every single time the media published an obituary since 2010, that portfolio would be worth over $70,000,000 today.
Discount Offer: 30% OFF
To help you navigate this volatility, we are lowering our Paybis fees for the next 5 days:
- The Offer: 30% OFF Paybis service fees on your next one transaction.
- The Code: HOLDBTC30
- Validity: This offer expires on February 28, 23:59 UTC
Volatility remains a core characteristic of the cryptocurrency market. While the current 30% to 50% drawdowns from recent highs are significant, historical data confirms that Bitcoin has moved past every one of its previous 467 "deaths" to reach new valuation levels over time.
Stay informed, stay grounded, and trust the data.
Disclaimer:
1) This news update is for informational and educational purposes only and does not constitute financial, investment, or trading advice. Cryptocurrency markets are highly volatile. Always conduct your own research before making any investment decisions.
2) This discount offer applies to the Paybis service fee only. Payment processing fees, network fees, and any other applicable third-party charges are excluded from this discount.
