Cryptocurrency analysts have counted the number of times bitcoin has «died» on the Internet

According to analysts at 99 Bitcoins, bitcoin has survived its 474th clinical death and successfully revived. The portal tracks every case when the media spreads FUD news that BTC is «finally dead.»

The value of the flagship cryptocurrency has increased by 6% over the past 24 hours, reaching $ 27,000. The value of BTC $56,719.86 Bitcoin 0.07% Market capitalization $1.12 trillion VOL. 24 hours $2.76 billion has also shown positive indicators over the past 7 days — the digital asset has risen by 36%.

99 Bitcoins is convinced that the crypto market revival can happen right now, as the bitcoin price has overcome the «cross of death» on a one-week time frame.

Since the «death cross» is a proven bearish signal, breaking through it becomes the best argument in favor of the fact that the crypto spring is approaching, and with it a new bullish trend.

Ryan Selkis, CEO of the analytical company Messari, is also convinced that bitcoin has a positive future. The expert believes that in about 12 months, the flagship of the crypto market will be able to overcome the $ 100,000 mark. The expert emphasized that in the foreseeable future, more and more investors and large financial institutions will consider bitcoin as the only reliable asset. The forecast is especially relevant amid the depreciation of the US currency.