“Our BTC price target is 0.0. That's not just for shock factor. It's where the math takes us. It's not worked as a dollar hedge, rather it's just a speculative instrument correlated to the Nasdaq. It's not gaining any traction as medium of exchange. No serious central bank will ever own something where Michael Saylor controls the float. The miners (who are the network) are bleeding cash. It's horribly inefficient as a transaction processor and wastes tremendous amounts of energy. Nothing "green" about this "coin". We think it's a zero.”
Richard Farr, Chief Market Strategist, Pivotus Partners · Bitcoin since: -12%
A little perspective.
Bitcoin on that day$73,033February 4, 2026
$100 at that price$88.37At our latest price check
Illustrative value using a Bitcoin price of $64,538, checked Nov 14, 2026, 9:19 PM UTC. Excludes fees, taxes, and inflation. A price change alone does not settle the original criticism.
Keep the receipt.
Bitcoin Is Dead. “Our BTC Price Target Is 0.0” — Richard Farr, Twitter, February 4, 2026. Bitcoin: $73,032.87. https://bitcoindeaths.com/posts/2026-02-04-our-btc-price-target-is-00