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Search trends about Bitcoin’s demise skyrocketed this week, highlighting “Extreme Fear” among cryptocurrency users over the digital asset’s future. One such user posting on X noted that people have never been more convinced that “Bitcoin is going to Zero,” citing Google Trends search metrics over the topic.

Bitcoin has recorded losses for about five consecutive weeks after a momentary upsurge at the beginning of the year. The cryptocurrency reversed after an initial rally to $97,939 in the second week of January 2026. Since then, BTC has declined nearly 40%, bounced off support, and is trading at $66,935 as of writing, according to TradingView’s data.

Different AI models expect Bitcoin to trade in a narrow range tomorrow, February 20, following a 47% drop from its October 2025 highs near $126,198. At press time, the asset trades at $66,865, with market sentiment remaining cautious due to extreme fear and weak institutional demand.

Bitcoin hovers around the $76,000 price region after experiencing a near 20% pullback in the past month. The latest decline saw BTC testing support at $74,434, according to TradingView’s data, leaving crypto analysts uncertain whether the cryptocurrency will continue plunging downward or mount a rebound from the potential pivot.