RE: Google Trends: Bitcoin & Sentiment

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Google Trends: Bitcoin & Sentiment

in bitcoin •  5 years ago  (edited)

Market sentiments are one of the great ways that some traders use in determining whether to go short or long on a financial asset. I agree with you that the statistics and historical data of bitcoin over the years do correlate to the google trends.

Bitcoin has always been a good example to the entire crypto space. Always setting the pace for other cryptos to follow. No wonder its plenty of traffic in google searches as many people are eager to know about it.

Since the bitcoin has crossed 10k price now after the recent halvening that happened a few months back, I believe it's just going to keep pushing upwards back to that 20k price even beyond. hehe.. because of this sentiment, I now feel like going bullish on Bitcoin so that I moon with it.

Thanks so much for the information and knowledge laid down in this blog.
Glad to have such a valuable person to the crypto space on the steemit blogging site. Will keep following as I am a big fan of all things to do with crypto.

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Yes, definitely interesting to watch these trends develop! I am also bullish on Bitcoin. Thank you so much - I really appreciate all the kind words! I will continue to post new crypto content and happy you are following!