Bitcoin (BTC) has faced numerous proclamations of its demise, with prominent commentators declaring it “dead” over 471 times since 2010, according to the BitcoinDeaths data aggregator. Each proclamation came with steadfast conviction, yet all have proven incorrect. The cryptocurrency has recently been under pressure, particularly following a significant crash that began on October 10, 2025. This has led to a resurgence in online searches for phrases like “Bitcoin going to zero,” reaching unprecedented levels.
However, there are compelling reasons to believe that Bitcoin’s price will not reach such a dramatic low. For Bitcoin to plummet to a value of $0.00, it would require all its largest holders to sell off their assets simultaneously, while simultaneously attracting no buyers at any price. This scenario is highly improbable due to the presence of numerous price-insensitive buyers with considerable capital.
For example, companies like Strategy, formerly MicroStrategy, hold over 761,000 Bitcoins, which is about 3.6% of the total supply available. They continue to purchase more coins irrespective of market fluctuations. Additionally, large stakeholders such as governments, Bitcoin exchange-traded funds (ETFs), and corporate treasuries are unlikely to simultaneously offload their holdings. Compounding this situation is the fact that approximately 20% of Bitcoin’s supply is permanently lost, meaning it cannot be sold in the market.
Historically, Bitcoin has experienced considerable price declines, including multiple instances of more than 80%. Each time, it has found a price floor, attracted new buyers, and recovered to establish new all-time highs. For instance, in March 2020, the cryptocurrency lost about half its value in just a week due to a panic sell-off triggered by the pandemic, yet it managed to recover within months.
Moreover, veteran supporters of Bitcoin, such as Blockstream CEO Adam Back, have made it a point to reinforce the notion that Bitcoin’s price will not slip to zero. They have publicly stated that they have standing buy orders at significantly low prices, such as $0.01 and $0.02 per coin, primarily to signal their unwavering commitment to the cryptocurrency. Although some may view these orders as humorous, they highlight the readiness of capital-rich individuals to acquire large quantities of Bitcoin should its price decline.
In summary, while Bitcoin may face market volatility and significant downturns, the likelihood of it ever reaching zero is extremely low. The presence of persistent buyers, significant stakeholders, and a robust historical resilience all point to a more stable future for the cryptocurrency. Investors are encouraged to remain cautious and diversify their portfolios to mitigate risks as market conditions fluctuate.
