People Only Want to Buy Bitcoin *After* Price Rises, Google Data Shows110.4

The interest in buying bitcoin appears to lag the cryptocurrency’s price rise. A closer look at trending searches through the past month reveals that the phrase “buy Bitcoin” tends to increase in interest only after the price of Bitcoin has actually increased.

Data from Google Trends reveals that volumes of the search term “buy bitcoin” in the past month have increased only after the price has moved upwards.

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