Bitcoin Headed for Zero

We aren’t sure how prophetic this news is other than to show how quickly events can change in this world we live in.  The “new future currency of the world”, Bitcoin, is now down 50% and maybe headed for zero.  We have said all along that “there is no way the governments of the world are going to let some private party control the world’s currencies”, so we stayed out of crypto because it makes no long term sense.

But the Bible says that some day there is going to be one global currency and everyone who wants to access it will need a special mark that shows allegiance to the Antichrist.

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Mainstream cryptocurrency Bitcoin is being eviscerated this week. The token tanked to a historic low, coming eerily close to as little as $60,000 on Thursday evening. That’s well under 50 percent down from its all-time high a mere four months ago.

While the crypto has since bounced back to around the $68,000 mark, it comes at a grim cost: it’s now wiped out all of its gains since president Donald Trump won the presidential election in late 2025.

Analysts aren’t presumably hopeful about an imminent recovery, with some expecting the absolute worst.

“Our BTC price target is 0.0,” Pivotus Partners chief market strategist and partner Richard Farr tweeted. “That’s not just for shock factor. It’s where the math takes us.”

Farr said he concurred with Michael Burry, who famously shorted the US housing market before its collapse in 2008, and recently warnedin a Substack post that further losses for Bitcoin could result in a “death spiral.”

Farr pointed to Bitcoin following similar trends to a larger US stock downturn, suggesting it’s no longer the safe haven it was once claimed to be, arguing that it operates as a “speculative instrument correlated to the Nasdaq” instead.

The crypto bear argued that “no serious central bank will ever own something where Michael Saylor controls the float,” referring to the CEO of Strategy, the largest corporate Bitcoin treasury.

Farr also criticized the token for being damaging to the environment, as mining it requires copious amounts of energy and water.

 https://futurism.com/future-society/crash-bitcoin-headed-zero-dollars