Not sure if Google trends is a good indicator, however I noticed this pattern. Has some extra free time today to check a few charts and was reminded of google trends too. This one is the search results in the US for the word "Bitcoin" for the past 5 years. It seems there is this strange pattern, that was repeated in 2017 about 3-4 months before the prices reached the top. If this pattern plays out and at about August prices begin to rally, perhaps we will see a repeat of the final part of the 2017 bull run (September '17 - January '18).
2 comments
Several whales have commented that it is expected for September - October that there will be a significant price increase, of 70K or more. And I am not very fond of Google, however I use it as a tool to know what the trends of those who manipulate the market are. Its indicators, although I don't like them, are important and I always take them into account when making analyzes.
Oh, I hope you are correct.