"Our BTC price target is 0.0,"
"That's not just for shock factor. It's where the math takes us."
"no serious central bank will ever own something where Michael Saylor controls the float,"
"Nothing 'green' about this 'coin,'"
Bitcoin plunged to roughly $60,000 on Thursday evening, falling more than 50% from its all-time high four months earlier. The token later rebounded to about $68,000, but that recovery eliminated all gains accumulated since Donald Trump won the 2025 presidential election. Some market strategists projected extreme downside, setting a BTC price target of 0.0 and invoking a possible "death spiral." Observers highlighted Bitcoin's growing correlation with U.S. stock markets and characterized it as a speculative instrument rather than a safe haven. Mining operations were criticized for heavy energy and water use, raising environmental concerns.
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