TechFlow news According to 99 Bitcoins, there were 11 instances in 2020 when Bitcoin was predicted to face a tragic end—the lowest number since 2012, three years after Bitcoin's inception. A "tragic end" refers to claims that Bitcoin is a massive bubble, disaster, Ponzi scheme, highly risky investment, or fundamentally worthless. This indicates that negative sentiment toward Bitcoin has significantly diminished. The peak for such bearish predictions occurred in 2017 with 124 occurrences, followed by 93 in 2018 and 41 in 2019.





