‘Bitcoin Is Dead’ Searches Reach New Highs: Has the Bottom Been Reached?

Such searches for BTC’s demise reached their highest level in a while.

“The news of my death has been greatly exaggerated.” Guess what, bitcoin is dead – again. At least according to people who search for it on Google and of course those who proclaim its demise.

However, such past examples have been followed by intense rallies, as BTC generally tends to move in the opposite direction of what the crowd expects.

GOOGLE SEARCH FOR “BITCOIN IS DEAD” JUST TOUCH ATHs.

This is the HIGHEST level since the FTX crash.

The generational rally starts now. pic.twitter.com/EMkkC4scEq

— Rekt Schermer (@rektfencer) February 20, 2026

Bitcoin is dead Searches are increasing

It’s worth noting that when we tried to recreate the same search for “Bitcoin Is Dead” on Google Trends, the results were slightly different from what Rekt Fencer reported. The analyst said these searches on the world’s largest search engine had just reached ATHs, but our chart showed the peak was in December 2025.

The levels are still quite high now and have been rising in recent weeks, especially since the price of BTC fell from $90,000 to $60,000 on February 6. The retail audience, which is usually the user base of Google Trends, has increased searches about Bitcoin’s untimely death.

Interestingly, the number of inquiries is now much higher than what happened after the FTX crash in late 2022. At the time, uncertainty levels were through the roof, with many questioning the overall state of the market as one of its behemoths had just collapsed in a matter of days. Soon after, Bitcoin crumbled to $16,000 in what was a full-blown bear market.

BTC’s crash at the time was over 75%, while this time it followed a more modest 52% from top to bottom. Yet the crowd’s sentiment now seems much more fragile. However, most of the comments are below Rekt Fencer’s post agreed that such negative sentiments typically lead to immediate and impressive price reversals.

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477 times dead

Bitcoin has been declared dead so many times in the past, especially in its early and more volatile days, that websites had to be created to keep track of all those obituaries. Two of the most popular – the obituaries page on 99bitcoins and bitcoindeaths – show close numbers. According to the former, BTC has been declared dead 467 times, while the latter shows 477 such cases.

The latest examples date back to February, when a Deutsche Bank strategist said BTC should no longer be considered “digital gold,” or a Financial Times columnist argued that even at $69,000, BTC’s price is still too high.

Well, bitcoin didn’t die after each of those 467/477 death declarations. Quite the opposite; it came back stronger than ever, attracting new types of investors, reaching new price peaks, growing network usage, and so on. Why should we believe that things should be different now?