Interestıng Correlation Between Google Search and Bitcoin

in bitcoin •  7 years ago 

The Most Popular Topic of Recent Times: Bitcoin!

I want to share an interesting statistic about Bitcoin, that everyone is curious about.

bt.PNGtrends-1.png

As you can see, there is a close relationship between the search volume and the increase in bitcoin price in the last one year.
trends-region.png

Also, when we look at the search terms, Slovakia is at the head of the countries where Bitcoin is most searched.
The reason why Nigeria is at the top is due to bot traffic.

As a result, Google can help us to predict the price of Bitcoin. I will share soon is there a correlation between other cryptos and Google search or not.

Thanks.

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Makes perfect sense. The reason the prices are going so crazy is thay most people have only heard of crypto in the lasf few months. So obviously there will be corrolating search patterns to reflect this.

If we dig deep, will see very interesting datas. Im just working on it.

So it should be going down now I guess. As search interest is starting to decline?