Have you ever wondered how many times Bitcoin has been declared dead? I recently came across some interesting data — in just 2023 alone, Bitcoin was announced dead by the media and experts 7 times.

This phenomenon actually started from the moment Bitcoin was born. When Satoshi Nakamoto launched BTC in January 2009, the original intention was to help investors avoid the risks of traditional financial institutions. But since then, mainstream media and financial experts haven't stopped writing obituaries for Bitcoin. Every year, there are new headlines proclaiming "Bitcoin is dead."

In 2023, the articles declaring Bitcoin dead were particularly intense. From January to May, headlines kept popping up — "U.S. Cryptocurrency is Dead," "Bitcoin is a Fraud Joke," and so on. At that time, BTC was fluctuating between $16,500 and $27,500, which didn’t seem very optimistic. But that’s what makes it interesting.

By the second half of the year, Bitcoin started to quietly rebound. Its price climbed from those lows to over $42,000. Do you know what happened then? The voices of doom suddenly disappeared. No new obituaries, critics fell silent collectively.

This pattern repeated over and over. Every time BTC dipped, the narrative that "Bitcoin is dead" would resurface. Every rebound, those voices would vanish. It has become a cyclical phenomenon.

Compared to traditional stock markets, the returns over the past few years haven't been particularly impressive. But Bitcoin? Despite countless "death declarations," it has still delivered substantial returns over the past decade, and some people even became millionaires because of it.

Looking back at those obituaries from 2023, they all seem like jokes now. Bitcoin was declared dead at the bottom, only to go on to set new records. That’s the story of Bitcoin — the more it’s declared dead, the stronger its rebound.