⸺ Obituary · February 4, 2026 ⸺
“Our BTC Price Target Is 0.0”
— X (Twitter), Richard Farr
“Our BTC price target is 0.0. That's not just for shock factor. It's where the math takes us. It's not worked as a dollar hedge, rather it's just a speculative instrument correlated to the Nasdaq. It's not gaining any traction as medium of exchange. No serious central bank will ever own something where Michael Saylor controls the float. The miners (who are the network) are bleeding cash. It's horribly inefficient as a transaction processor and wastes tremendous amounts of energy. Nothing "green" about this "coin". We think it's a zero.”
Price at death
$73,033
Today
$73,594
Resurrection
×1.0
On 2026-02-04, Richard Farr (Chief Market Strategist, Pivotus Partners) declared Bitcoin dead via Twitter. Bitcoin was trading at ~$73,033 at the time. The call joins the growing canon of premature obituaries.
The declaration was catalogued on February 4, 2026, when one Bitcoin traded for approximately $73,033. Since then, Bitcoin has appreciated by 1% relative to the price on the day X (Twitter) pronounced it finished.