⸺ Obituary · June 13, 2022 ⸺

“Bitcoin And Ethereum Will Go To Zero”

BNN Bloomberg

Phillip Streible

“Bitcoin will never be a safe haven asset or a central currency.”

Price at death

$25,424

Today

$61,577

Resurrection

×2.4

On 2022-06-13, Phillip Streible (Chief Market Strategist, Blue Line Futures) declared Bitcoin dead via BNN Bloomberg. Bitcoin was trading at ~$25,424 at the time. The call joins the growing canon of premature obituaries.

The declaration was catalogued on June 13, 2022, when one Bitcoin traded for approximately $25,424. Since then, Bitcoin has appreciated by 2.4× relative to the price on the day BNN Bloomberg pronounced it finished.

Read the original →

← Earlier death

“You Risk Losing Everything”

Later death →

“The Crypto Crash Proves It – Bitcoin's Libertarian Dream Is Over”

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