Is Bitcoin poised to hit $356,841 despite declining Google Trends?
The bear market has taken a huge toll on the crypto industry. Bitcoin [BTC] took a backseat while altcoins were prepping for major upgrades. Despite all of this, the price and the sentiment around the crypto -verse in general remained dull. Bitcoin in particular witnessed a steep decline in interest over the last couple of weeks. As per Google Trends interest in the term “Bitcoin” recorded a sharp plummet. Source The above-seen image points out how the inclination towards the king coin peaked in June 2022. This, however, did not last too long as the interest in the king coin was on a downward spiral ever since. This notion is aligned with Bitcoin’s price action over the last couple of months. BTC has struggled to move beyond $25K. Currently, the asset continues to trade 70 percent below its all-time high of $68,789. It should be noted at press time, the king coin was trading for $20,238 with a 4.71 percent daily surge. While the latest Google Trends dat...