Bitcoin critics say BTC price is going to $0 this time, but these 3 signals suggest otherwise By Cointelegraph

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Bitcoin critics say BTC price is going to $0 this time, but these 3 signals suggest otherwise

Like clockwork, the onset of a crypto bear market has brought out the “ is dead” crowd who gleefully proclaim the end of the largest cryptocurrency by market capitalization.

The past few months have indeed been painful for investors, and the price of Bitcoin (BTC) has fallen to a new 2022 low at $17,600, but the latest calls for the asset’s demise are likely to suffer the same fate as the previous 452 predictions calling for its death.

Bitcoin obituary count. Source: 99Bitcoins
vs. 200-week MA weekly chart. Source: Twitter (NYSE:)
BTC/USDT 1-week chart. Source: TradingView
Bitcoin market value to realized value ratio. Source: Glassnode