⸺ Obituary · February 18, 2021 ⸺

“Bitcoin Above $51,000 Is Unsustainable Unless Volatility Subsides”

Insider

Financial Analysts

“Bitcoin's current price is "unsustainable" unless the cryptocurrency's volatility dies down, according to JPMorgan.”

Price at death

$51,573

Today

$61,577

Resurrection

×1.2

On 2021-02-18, Financial Analysts (JP Morgan) declared Bitcoin dead via Insider. Bitcoin was trading at ~$51,573 at the time. The call joins the growing canon of premature obituaries.

The declaration was catalogued on February 18, 2021, when one Bitcoin traded for approximately $51,573. Since then, Bitcoin has appreciated by 19% relative to the price on the day Insider pronounced it finished.

Read the original →

← Earlier death

“Bitcoin Is A Failure”

Later death →

“Bitcoin's Fundamental Value Is Zero”

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