According to Google Trends, the number of search queries regarding the potential devaluation of Bitcoin to zero has reached 100 points, the highest level since June 2022. The increase in interest in this topic comes amid another phase of correction in the cryptocurrency market.
This is reported by Business • Media
Record Level of Pessimism Among Investors
In November 2025, the index sharply rose, coinciding with a massive wave of sell-offs that occurred in early October. Subsequently, in December, interest slightly declined, but by early February 2026, it surged back to its peaks. At the same time, interest in Bitcoin specifically exceeded interest in the overall crypto market—55 versus 41 points, respectively.
This type of spike in queries was first noted back in June 2022, when the market was experiencing the peak period of the so-called “crypto winter.” At that time, following the collapse of the stablecoin TerraUSD and Terraform Labs, several major industry players, including the lender Celsius and the fund Three Arrows Capital, declared bankruptcy.
Possible Formation of a Market Bottom
The increase in queries regarding the potential drop in Bitcoin’s price is explained by experts as a sign of heightened pessimistic sentiment among investors. Analysts at Matrixport note that such indicators may signal that the market is approaching a new turning point.
“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.
Previously, analysts at Wells Fargo suggested that Bitcoin has growth potential as a high-risk asset, especially in light of tax returns in the U.S.