Google Bitcoin search volume, Lowest in 6 months... Despite price increase, Interest decreases

The 뉴스 · 25/05/15 23:01:09 · mu/뉴스

Decreased Bitcoin Search Volume Despite Recent Rise (Source: Cointelegraph)

According to Cointelegraph, Google searches for 'Bitcoin' have hit the lowest level in 6 months. This reflects that individual investors' interest is declining despite the recent rise in Bitcoin prices.

Market experts analyzed that the phenomenon of declining search volume despite price increases suggests that institutional buying pressure is leading or individual investors' market entry might be delayed. This is also interpreted as meaning that a more stable buying pressure is being formed, rather than a short-term market overheat.

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