A New Bitcoin Bull-Run is Here, Google Trends Show
As Bitcoin nears parity with gold, Google trends indicators are showing that this may only be the start of another major run-up in value on the way to higher highs. Bitcoin Uptick in Global Trends. Bitcoin performed amazingly well throughout 2016, increasing over 120% in value, reaching its all-time high market cap, breaking the $,1000 mark on the first day of 2017. Although the $1000 surge was expected by many, the continuous rise of Bitcoin continues to amaze the public at large. Driven by political and economic factors throughout the world, global interest in Bitcoin is once again....
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The Google trends data for the search term “Bitcoin” shows that the curve today is similar to that of the 2017 bull market. Can Google Trends Predict A Bull Market? As pointed out by Twitter user Bitcoin Archive, the Google Trends graph for “Bitcoin” matches up with the last leg up for the 2017 bull […]
Despite the recent big move in Bitcoin price, Google trends reveal general interest in the cryptocurrency still remains low. Google Trends For The Search Term “Bitcoin” Show Low Current Interest BTC recently had a sharp move up where the price crossed the $55k mark for the first time since May. However, despite such an increase, […]
Not many crypto search terms have come close to their peaks in spite of the new bull market, but Ethereum is a notable exception. More people are searching for the word “Ethereum” now than ever before in its history. Google Trends reveals that the number of Google searches currently being performed for “Ethereum” is at an all-time high, eclipsing search interest during the height of the last ETH bull run. Ethereum’s previous peak in search term popularity was on Jan. 13, 2018 — the date of ETH’s all-time high of $1,432.88.Google Trends Worldwide Search Interest for #Ethereum projected to....
22 days ago, Bitcoin.com News wrote about a Coin Insider trends study that combed through Google Trends data in the United States. According to the report, dogecoin was the most Googled cryptocurrency in the country. Another study — published by askgamblers.com — has covered similar data, but concentrated on the U.K.’s and Europe’s Google searches. According to the report, while bitcoin is the most popular crypto asset in Europe, the study of the trends shows that the meme token shiba inu is the most popular in the United Kingdom. Trends Study Highlights the....
The Google Trends interest is relatively low for the keyword “Bitcoin” while on-chain data shows smart money is accumulating BTC. Bitcoin (BTC) is continuing to show strong momentum even after a major rally. Key data points show that the uptrend has likely been fueled by smart money in recent months. This means retail or mainstream investors have been largely on the sidelines as BTC price surpassed $15,000 this month.In 2017, when the price of Bitcoin hit an all-time high at $20,000, the retail demand was at its peak. Google Trends data soared, mainstream media coverage noticeably....