Bitcoin rises, so people Google ‘bitcoin,’ so then bitcoin rises, so then people Google...

in #news7 years ago

Bitcoin has more than doubled over the past 30 days, meeting one analyst’s definition of a bubble.

Bitcoin prices show a notably high correlation with Google search trends for the word “bitcoin,” according to Chris Burniske, a bitcoin expert who was previously a blockchain analyst at ARK Invest.

Here is an illustration 

Image credit

Read the full article here: http://www.marketwatch.com/story/bitcoins-rally-seems-closely-tied-to-something-you-may-do-every-day-2017-08-15?link=sfmw_fb

----

Follow me on @ahmad8

Coin Marketplace

STEEM 0.21
TRX 0.25
JST 0.038
BTC 95554.61
ETH 3368.38
USDT 1.00
SBD 3.14