active users, while the height above the line illustrates their engagement levels. The Trends 2013 record was broken in May of last year, which was the exact time when Bitcoin price began its parabolic climb to new all-time highs in December. So, if you believe that price follows interest, and therefore, more buyers and greater volume, theres a good probability that Bitcoin could test new all-time highs in the next few months as some market analysts have predicted.
Bitcoin price hit its all time high in mid-December, touching 20,000 USD.
Trends data is an anonymous, categorized, and unbiased sample of Google search data.
Were currently seeing a repeat of what happened in the beginning of last kuinka vanha on bitcointalk year. Share your thoughts below! Indeed, the January correction may have restored some much-needed balance to a red hot cryptocurrency market. Will Bitcoin price see new highs in 2018? The harbinger was correct, albeit a short dry-spell in the first two months (similar to what were seeing right now).
Put together, Google Trends is a pretty reliable buy and sell indicator. It tracks trillions of searches per year, making it one of the most useful, real-time data indicators of human interest by region and category. In fact, the term Bitcoin was the second most popular search for global news in 2017. Images courtesy of Shutterstock, Google Trends. Lightning Network) expected this year, another bullish factor to consider is that the recent sell-off has shaken out the so-called weak hands. Presa Altcoins (Monede Alternative) Skandinavisk Türkçe (Turkish) Bitcoin Haberleri Pazar Alan Madencilik Ekonomi Servisler Fonlar Proje Gelitirme Alternatif Kripto-Paralar Madencilik (Alternatif Kripto-Paralar) Duyurular (Alternatif Kripto-Paralar) Konu D Yeni Balayanlar Yardm Bulumalar Other languages/locations.