Hundreds of obituaries on Bitcoin have been written by the mainstream media and financial analysts for a decade. From calling it a scam to unethical, and a passing fad, the leading cryptocurrency has heard them all. The heat that the cryptocurrency market receives is off the charts as analysts are unable to cope with its rise. From being a small financial tool to growing into a trillion-dollar market cap, the growth has been a phenomenon.

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In no surprise, in 2024 alone, Bitcoin was declared dead twice by leading financial analysts calling it an end game. The Bitcoin are only piling up with no end in sight after every time BTC dips in the charts. 99Bitcoins, which tracks the obituaries published a report that BTC has been declared dead 477 times since its inception.

“Bitcoin has died 477 times,” read the report and provided all the links of the stories that wrote it off. The recent stories “Bitcoin headed to the end game” and “Bitcoin has failed” made the rounds.

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Bitcoin: Rising From the Ashes Despite Obituaries

Despite its obituaries written at every corner, Bitcoin dramatically surged this month and touched a new all-time high of $93,477. It started the month trading at $70,000 but touched $92,000 in just two weeks. Investors who took an entry position early this month made 30% in returns in 14 days. That’s phenomenal gains in a short period, and no other financial asset has achieved the feat. Even leading stocks around the world failed to generate 30% profits in two weeks.

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However, if Bitcoin dips hereon, the obituaries will come flooding, writing its demise at every crash. While cryptocurrency investors pay no heed to it, the traders who are yet to enter the market will remain skeptical. If traders take the leap and enter BTC, it will only reward them after every dip over the years.