“Bitcoin Is Dead”… Again? History Repeats Itself

Following Bitcoin’s latest price correction, the familiar phrase “Bitcoin is dead” is once again making the rounds. It’s become something of a meme within the crypto world—one that pops up almost every time BTC experiences a significant drop.

This time, Bitcoin has faced yet another sharp decline, triggering panic across parts of the market. And with that comes the dramatic declarations: “It’s over,” “Bitcoin is done,” and “It’s dead… again.”

But anyone who’s been in the crypto space for more than a few cycles knows this tune all too well.

A Phrase That Never Dies

The phrase “Bitcoin is dead” has been declared hundreds of times over the past decade. In fact, there’s even a website—99Bitcoins—that tracks media articles proclaiming the digital asset’s supposed demise. To date, the number of “deaths” is well over 470.

Each time, Bitcoin has rebounded. From crashes in 2013, the 2018 bear market, the COVID panic in 2020, to the 2022 collapse—Bitcoin has consistently found a way to recover. It’s this pattern that long-term holders and crypto advocates point to when they see these doom-and-gloom headlines reappear.

Price Action Isn’t the Whole Story

Though the current dip may look steep, it comes after a period of substantial growth. Corrections are a natural part of any volatile asset, especially one as globally traded and sentiment-driven as Bitcoin.

Rather than signaling the end, such market reactions often flush out weak hands and reset the price for future gains. The fundamentals—network strength, institutional interest, adoption, and hash rate—remain strong.

So, is Bitcoin really dead? Or is this just another chapter in a decade-long tradition of premature obituaries?