As of August 1, 2026, the short answer to “will bitcoin go to zero” is that major public forecasts are not treating zero as the base case. The current debate is about downside range, support zones, and how long consolidation may last.
Why the zero question keeps coming back
People usually ask whether Bitcoin is going to zero when price swings get sharper and market sentiment turns fearful. In practice, the question is bigger than a normal bearish call. It asks whether the asset could lose market value altogether rather than simply trade much lower.
That distinction matters. A crash means buyers are willing to transact at lower prices; going to zero would imply that demand dries up so deeply that the market no longer assigns meaningful value. Those are not the same claim.
Major forecasts are still discussing prices, not zero
Across the public forecasts reviewed here, no institution set a target of zero for Bitcoin, and none gave a formal timeline for when Bitcoin would crash to zero. That does not remove risk. It does show that professional forecasts are still centered on valuation resets, trading ranges, and recovery paths.
Bernstein, in a report published on 2026-06-15, gave a target of 150,000 dollars for the end of 2026. Its view had already been cut from a higher level, with the focus shifted to a repair move into the 100,000 to 150,000 range, which is very different from a zero thesis.
Standard Chartered, in a report published on 2026-02-12, gave a target of 100,000 dollars for the end of 2026. The bank had reduced its target more than once, yet it kept a longer-term view in place and highlighted ETF flows as a key variable. That frames the risk as weaker momentum, not total value destruction.
JPMorgan, in a report published on 2026-02-01, gave a 2026 target range of 150,000 to 170,000 dollars. Its reasoning was tied to a Bitcoin-versus-gold volatility model, and it also said support may exist near 94,000 dollars. Again, the focus is on volatility and support, not on whether Bitcoin is going to zero.
Galaxy Digital CEO Mike Novogratz, in comments published on 2026-07-10, said Bitcoin may spend 2026 trading in a 60,000 to 80,000 dollar range. Fidelity's Jurrien Timmer, in a view published on 2026-06-01, pointed to a 65,000 to 75,000 dollar consolidation zone for 2026. Both are cautious, neither is calling for zero.
Not seeing zero in forecasts does not erase tail risk
It would be careless to say any traded asset has no extreme downside scenario. Bitcoin is volatile, and severe drawdowns are part of its history as a market asset. Still, acknowledging tail risk is different from saying zero is the most likely outcome.
For Bitcoin to actually go to zero, the market would likely need a lasting collapse in demand, a sustained exit of participants, and a breakdown in the channels that keep trading active. Yet the forecasts listed here still talk about support, consolidation, funding flows, and cycle behavior. That suggests analysts still view Bitcoin as an asset with ongoing price discovery rather than one on the verge of being priced at nothing.
That is the key separation investors should keep in mind. “Could fall much more” is a price-path question. “Will Bitcoin ever go to 0” is an asset-survival question.
How to read these forecasts without overreacting
Start with the framework, not the headline number. Bernstein is focused on a recovery band after a cut to prior expectations. Standard Chartered is watching ETF flows. JPMorgan is using a volatility-based comparison with gold. Galaxy Digital CEO Mike Novogratz is emphasizing the lack of a strong catalyst. Fidelity's Jurrien Timmer is placing the market inside a four-year cycle and a post-peak consolidation phase.
Next, separate a lower target from a zero call. If an institution reduces a target, that only tells you it has become more cautious on direction or timing. It does not mean the analyst has switched to the view that Bitcoin will crash to zero.
Finally, check the time horizon. Many readers ask when Bitcoin will crash to zero, but the forecasts in this article are framed around 2026 or the end of 2026, and every one of them still points to a dollar range rather than a zero endpoint.
- Bullish views: recovery, support, and valuation repair.
- Neutral or cautious views: consolidation, range trading, and weak catalysts.
- What is missing: a mainstream public forecast that sets zero as the target.
FAQ
Is Bitcoin actually expected to become worthless?
As of August 1, 2026, the public forecasts reviewed here do not describe Bitcoin as an asset headed to zero. They are still discussing trading ranges, support levels, and cycle behavior instead.
When could Bitcoin crash to zero?
None of the listed institutions provides a formal timeline for a zero outcome. If you see that claim elsewhere, the first step is to check whether there is a named institution, a publication date, and a clearly stated target.
Is Bitcoin going to zero, or just facing downside risk?
Those are different questions. Downside risk means price can fall sharply; going to zero means the market nearly stops assigning value to the asset, and that is not what these forecasts are projecting.
Why are institutions not forecasting zero?
Because their research is still built around flows, volatility, support, catalysts, and cycle structure. As long as analysts are debating those variables, they are still treating Bitcoin as an actively priced asset.
How should readers use these forecasts?
Use them as scenario references, not guarantees. Compare the institution name, publication date, time frame, and core reasoning before reacting to a single bullish or cautious number.
What to do if your main concern is the worst-case scenario
If your question is whether Bitcoin can go to zero, filter out claims that come with no named source, no date, and no stated logic. The more useful approach is to compare formal forecasts and ask whether they are debating survival itself or simply how deep the next drawdown could be.
Disclaimer: This article is for informational purposes only and does not constitute investment advice. Cryptocurrency prices are highly volatile. Always do your own research.