Google searches for 'bitcoin' nosedive 75%

in #bitcoin • 6 years ago (edited)

bitcoin-225079_1280.png

Perhaps the reduction searches for 'bitcoin' and the dying interest by the populous has something to do with the price cooling off this year. According to Google Trends the number of searches for 'bitcoin' is down 75% this year alone. So either interest in Bitcoin is waning or interest has been diverted into other crypto's. However, this is not all bad news for the market. In fact it is welcomed news as it means the frenzy that drove bitcoin close to $20k and now back down under $8k is taking a long awaited pause. What we can expect is a new wave or second push back up to those levels and beyond. Who would have thought back in December 2013 bitcoin would go above $1000. Then years later in December 2017 it would touch nearly $20,000. If the pattern is repeated then in December 2021 Bitcoin may reach $400,000. Sounds crazy I know but so did Bitcoin at $20,000 back in December 2013.

Remember HODL'ing wins over FUD each and every time if you are disciplined enough :-)

Follow me at @cryptobebe

Changelly

#cryptocurrency #crypto #cryptobebe #google
6 years ago in #bitcoin by
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