• Skip to primary navigation
  • Skip to main content
  • Skip to primary sidebar
  • Changelly
  • Price table

Crypto News PRO

From the world all news

  • Home
  • News

Bitcoin just crossed $19’000 but no one is Googling about it

Written by:
Aeon Flux
Published on:
7 December 2020
Thoughts:
No comments yet

The Google search interest in Bitcoin reached its peak around the same time it reached its all-time price high in December 2017. Recently Bitcoin climbed back to that all-time high, but Google search interest stays very low.

Whether or not you have been following the crypto space, you may be familiar with the monumental price ascend of Bitcoin’s dollar value in December 2017 and its equally monumental sell in January-February 2018.

Here is a timeline of the events since 2016.

  1. The incredible rise: From January 2016 to December 2017 Bitcoin rose from about $450 to more than $19,000, a more than 4000% increase.
  2. The peak: In the 17th of December 2017 Bitcoin reaches its all time high at about $19,500 (price depending on which exchange you look at)
  3. The fall: 5 days later on the December 22nd Bitcoin retracts 45% back to $11,000.
  4. The bottom(?) : Bitcoin keeps falling and stops around $3,250 in mid December 2018
  5. The slow recovery: Since then it kept slowly rising with the usual crypto ups and downs and stabilized around $10,000 during the summer of 2020
  6. The come back(?) : From October 2020 to the 25th of November 2020 Bitcoin almost touched its all time high and reaching about $19,100
  7. The current state: This triggered almost hours later a sell-off and in the time of writing Bitcoin sits around $16,800.

I wanted to use the Google Trends tool to see how the search interest of the term “Bitcoin” has been evolving since January 2016. I compared that with the price of Bitcoin using yahoo finance.

I plotted the data in the graph bellow:

Categories: Bitcoin, News

Reader Interactions

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Primary Sidebar

Search in the news

Translate:

Earn up to 5% every 10 days with Aeon Flux Coins

Categories

  • Bitcoin (1,326)
  • Ethereum (825)
  • News (2,376)

Recent Posts

  • How blockchain startups make money? 5 February 2021
  • PayPal takes stock after the first Bitcoin quarter 5 February 2021
  • Not Yet the Moon but Stars: Celebrities Promoting Cryptocurrencies 5 February 2021
  • My Exclusive Playbook to Make You $10,000 Richer in Cryptocurrencies 5 February 2021
  • Role Of Blockchain in monitoring COVID-19 vaccine storage 4 February 2021

Archives

  • February 2021
  • January 2021
  • December 2020
  • November 2020
  • October 2020
  • September 2020
  • August 2020

© 2015-2020 Crypto News PRO
All Rights Reserved. Powered by IWG Agenzia Web