User interest in the potential collapse of Bitcoin’s value to zero has reached a record high in the last three and a half years. According to Google Trends, the number of searches for the phrase “Bitcoin going to zero” has hit 100 points — the highest level since June 2022.
This is reported by Finway
The chart shows a wave-like dynamic of interest
In recent months, this figure has risen sharply: a particularly noticeable increase occurred in November 2025, following a prolonged correction that resulted from a massive sell-off in early October. Subsequently, in December, interest declined, but soon spiked again to a maximum.
As of February 2026, the popularity of searches related to Bitcoin has proven to be higher than that of the cryptocurrency market as a whole: 55 points compared to 41, respectively. This indicates that Bitcoin remains the main focus of attention even during periods of market pessimism. The last surge of interest in the topic of Bitcoin dropping to zero was observed in June 2022 — this occurred against the backdrop of the collapse of the stablecoin TerraUSD, the bankruptcy of Celsius, and the Three Arrows Capital fund, which led to a massive wave of bankruptcies in the crypto sphere.
Signals of a market bottom formation
Experts from Matrixport emphasize that the increase in such searches is an indicator of deep pessimism among investors. According to them, this could be a sign that the market is approaching a bottom formation, when negative sentiments peak.
“Given the cyclical relationship between market sentiment and Bitcoin’s price dynamics, the latest data suggests that the market may be nearing another turning point,” the statement reads.
It is worth noting that some analysts, including those from Wells Fargo, have previously predicted a potential increase in Bitcoin’s value in the near future. They believe that tax returns in the U.S. could boost demand for high-risk assets, including Bitcoin.