There's a glitch in Google searches for Bitcoin: Interest is much lower compared to previous bulls! Analysis company explains the reason

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Crypto currency analysis company Alphractal, despite the recent Bitcoin price exceeding $100,000, reported some deficiencies compared to previous bulls.

According to the data revealed by Alphractal, the search volume on Google about Bitcoin is decreasing and is far from the peaks seen between 2017 and 2021.

According to the analysis company, the reasons for the society's still weak interest in Bitcoin can be the following:

  • The current cryptocurrency cycle may still not have attracted the public's interest.
  • People may not be searching for BTC on Google anymore because they already have knowledge about Bitcoin.
  • In addition, the market's focus may be shifting towards artificial intelligence (AI) or other emerging cryptocurrency trends.

When we examine the Google data, we see that the highest interest in Bitcoin searches was observed at the end of 2017 during the bull period. When we evaluate the interest level at that time as 100, the current interest is around 30.

At the time of writing this article, the BTC price is trading around $101,000.

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