Google has once again issued a crucial buy signal for Bitcoin. According to Google Trends, the search term is “Bitcoin going to zero” hit a record high in February 2026.
While this may sound alarming to new Bitcoin users, it could be a positive contrarian signal for long-term buyers to enter the market.
Source: Google Trends
AMBCrypto’s evaluation of previous peaks in “Bitcoin going zero” and their correlation with the price action of crypto assets further strengthened the aforementioned statement.
Bitcoin – Is a New Market Bottom Likely?
When the search term’s historical data was overlaid BTC price During this action it turned out that the peaks marked the bottoms of the local cycle or that of the market.
Source: BTC Price vs ‘BTC Goes to Zero’ Trend, TradingView
For example, in May 2021, the mid-bull run pullback reached 55%, dragging BTC from over $60,000 to $30,000. During the same period, the Bitcoin going to zero rate spiked to a high of 58.
What followed? A local bottom formed and BTC climbed higher to a new high of $69,000. This marked the high point of the 2021 cycle.
As the bear market phase intensified, BTC fell 75% and briefly stabilized at $20,000 in June 2022. It later fell lower, but eventually bottomed out at $16,000 in December. After that, BTC rose almost 8x to $126,000 by the end of 2025.
Here it is worth pointing out that similar “BTC going to zero” peaks occurred in June and December 2022, with the latter coinciding with the bottom of the market cycle.
Similarly, the peak in November 2025 coincided with a local low of $80,000, after which BTC briefly rose to $97,000 before falling again.
As such, the recent historic rise of “BTC going to zero” to 100 in January and February 2026 could indicate a potential local or market cycle bottom at $60,000.
Time to buy the fear?
Another way to view Google Trends spikes is as extreme market capitulation or spike fear, which is typically an excellent buying zone for long-term investors.
In fact, the above statement was echoed by the Bitcoin Rainbow graphic -A price model that tracks whether BTC is overvalued or undervalued.
At the time of writing, BTC price action was in the “Bitcoin is dead” zone, marking the bottoms of the market cycle. Put another way, the extreme fear has provided an excellent discount window to buy BTC.
Source: Bitcoin Rainbow Chart
That said, progress on the CLARITY Act, the appointment of Kevin Warsh as Fed Chairman, and the US interim results could further determine whether or not a true market bottom forms around current levels.
Final summary
- The rise in “Bitcoin goes to zero” could signal a potential local or market cycle bottom above $60,000 at the time of writing.
- The Bitcoin Rainbow chart revealed that the press time level was in the ‘BTC is dead’ zone, marking the bottoms of the market cycle.