Interest in Bitcoin and crypto using Google Trends
By The Simplified Resource For Investing and Personal Finance  •  March 10, 2024
Bitcoin and cypto is really soaring. Interestingly, not many bloggers are writing much about them like the past. The rise in price is not without reasons, being the US SEC has approved spot bitcoins etfs, bitcoin halvening in april and the impending decision to approve options on spot bitcoin etfs. The "fundamentals" for bitcoin is indeed stronger now than in the past. Retail interest in Bitcoin Looking at google trends, the spike in people searching for bitcoin and crypto in the past happens roughly 3-5 months before market price tops. During the period when Blackrock was applying for the spot bitcoin approval, interest was very low. It only started increasing once the etf was appoved. But with Bitcoin prices having surpassed its ATH of about USD67000, interest in Bitcoin, using google trends as a reference is surprisingly still very low. This leads me to believe that the retail buying has...
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By The Simplified Resource For Investing and Personal Finance

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