"Bitcoin Above $51,000 Is Unsustainable Unless Volatility Subsides"

Published in Business Insider on 2021-02-18, "Bitcoin Above $51,000 Is Unsustainable Unless Volatility Subsides" declared Bitcoin dead or fundamentally doomed. The piece argued that Bitcoin's fundamental flaws — including volatility, scalability limitations, and lack of intrinsic value — made long-term survival unlikely. Bitcoin was trading at $51,573 at the time of publication. Bitcoin reached all-time highs above $60,000 twice, fuelled by institutional adoption and the NFT boom.