“Bitcoin to zero” searches hit all-time high on Google Trends

Data from Google Trends shows global interest in the phrase “Bitcoin to zero” reached a record high in the week ending Feb. 7. Search intensity surpassed previous peak fear periods, including the collapse of Mt. Gox in 2014, regulatory ban concerns in 2018, the COVID-driven market crash in 2020, and the 2022 bear market bottom.

Amid the spike, skeptical voices have resurfaced, with increased criticism and trolling around BTC during the latest price weakness. However, past cycles suggest extreme pessimism has repeatedly appeared near major downturns rather than marking the end of the asset, as seen in similar sentiment waves in 2018 and 2022.