⸺ Obituary · April 17, 2024 ⸺
“I’m Calling The Bitcoin Top”
— X (Twitter), Rafi Farber
“I’m calling the bitcoin top. It happened in October 2021 at the peak of the money printing. It’s over now. The next round of inflation will pour into real money, not nonexistent derivatives. We are headed to the End Game with the next inflation round. Bitcoin is dead.”
Price at death
$64,486
Today
$73,594
Resurrection
×1.1
On 2024-04-17, Rafi Farber (Financial Journalist) declared Bitcoin dead via Twitter. Bitcoin was trading at ~$64,486 at the time. The call joins the growing canon of premature obituaries.
The declaration was catalogued on April 17, 2024, when one Bitcoin traded for approximately $64,486. Since then, Bitcoin has appreciated by 14% relative to the price on the day X (Twitter) pronounced it finished.