ifinta
Long

Bitcoin price vs Google Trends

BITSTAMP:BTCUSD   Bitcoin / U.S. Dollar
See this chart...
I see an upwards change in google             trends for "bitcoin" word... It followed always with a new price peak (hype) in the bitcoin             price...
(The original price chart is from bitcointalk.com)
Comment: The upwards change in google Trends for "bitcoin" word continues to grow....
I see, the upwards change in google Trends (for "bitcoin" word) continues to grow...
+1 Reply
Thanks for sharing. I think this is a great way of gauging sentiment at this time. My opinion from an Elliott Wave perspective is that the recent spike is a "wave B" corrective wave of the same degree as the previous three all time highs. If it is indeed the same degree, I believe that supports this spike in sentiment/Google Trends.
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