Analysis: BTC has been declared "dead" 415 times in the past 14 years. If you invest $100 each, the current return will exceed $101 million
2024-11-30 13:32:50
Over the past 14 years, Bitcoin has been declared "dead" 415 times. The first one can be traced back to October 2010, when BTC was trading at just $0.11. According to Bitcoindeaths data analytics, based on the historical returns of Bitcoin, if you invest $100 each time Bitcoin is declared dead, the total value of the current return will exceed $101 million. Industry analysts believe that the continuous growth of the global money supply, which is expected to increase by more than $20 trillion by January 2026, may attract an additional $2 trillion worth of investment into Bitcoin, which may be a catalyst for BTC to rise.