Through all of these lenses, I seek to produce content that is educational and entertaining, and I thank you sincerely for taking the time to read what I have to say. My perspective of growing up alongside the internet, the dot com era, the Great Recession, and roots in video games collecting coins and rare items caused Bitcoin to immediately make sense to me.
#GOOGLE TRENDS CRYPTO HOW TO#
It hasn't yet clicked for me as to how to put anything to use, but I consider it my current rabbit hole I can't yet dig out of. While a firm believer in the laws governing math and science, I am profoundly fascinated by the impact of astrology and astronomy including moon and solar cycles and planetary alignment and their ability to influence and potentially predict markets. My journey from a curious retail crypto investor to a serious Bitcoin advocate, trader, and technical analyst is an unusual one, but life-changing nonetheless and has become less about money and more about a long-overdue revolution. I am a Bitcoin evangelist, maximalist, and educator whenever I can be, helping to spread its message of freedom from government control, monetary policy mismanagement, and passing the buck - literally – to future generations. Here, I explore my newfound passions pertaining to privacy, finance, economics, politics, cryptography, property rights, and other libertarian-esque views. Behind the pseudonym, I'm a digital media executive and global remote work leader with a decade of content experience and excellence. Is that where Bitcoin is now, or are things about to turn down? Featured image from Deposit Photos, Charts from At some point, technology and the search to learn new information about the technology diverge and never look back.Īt that point, the technology will have reached widespread enough adoption to have long-term staying power. RELATED READING | BITCOIN GOES PARABOLIC ON GOOGLE TRENDS, JUST AS PRICE EXPLODESīecause people no longer search for terms like “how to send email” doesn’t mean that email is suddenly dead. Why? Because as more and more people know exactly what Bitcoin is and what it means, there’s less need to search for information on it. Using Google as a barometer of sentiment will become less and less effective over time. There also could be more to the Google Trends breakdown that Peterson recognizes. Even if the short-term trend does break down, the long-term trend still points upward. The latest rally has the potential to eclipse what 2017 was capable of, and has already doubled its former all-time high set that year. The cryptocurrency has been on its second strongest uptrend historically, easily crushing 2017 that put the asset on the map in the first place.īitcoin reached over $40,000 yesterday | Source: BTCUSD on Timothy Peterson of Cane Island Global Macro believes that with the trend breaking down on Google Trends, t he price of Bitcoin will soon follow.
Is Google Trends a “poor man’s sentiment indicator” as one chartered financial analyst and crypto investment manager claims? Could Waning Google Search Interest Be A Sign A Correction Is Coming To Crypto?
The Google search trend has turned down, will price follow? | Source: Google Trends
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