I was researching the correlation between google trend and bitcoin price
configure the google trend to search keyword "bitcoin" with time range as "Past Hour"
now refresh the page continuously, and check whether line graph direction in google trend is up or down and simultaneously check the price. you will notice that price of bitcoin follows the trend 80% to 90% of the time.
sometime you will get high magnitude of trend line, which indicates higher price rise.
you can apply same logic to ethereum and litecoin.
If you like the post, please upvote. I am not so good in english, so I apologize for the same.
Wow! This make so much sense. When the interest increases as indicated by the searches done, the price follows. Thanks for sharing.
Regards,
@steemitph
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit