With the midterm elections approaching, Bitcoin’s spot price is hovering around $80,000, while Google searches for “bitcoin” have fallen to a five-year low—an interest index of about 20, even lower than at the bottom of the 2022 bear market.
The last time interest dropped to this level was in September 2023 and September 2024, and both times were followed by a local low. Of course, there weren’t spot ETFs on this scale back then, and the link between search volume and price has weakened$BTC
The last time interest dropped to this level was in September 2023 and September 2024, and both times were followed by a local low. Of course, there weren’t spot ETFs on this scale back then, and the link between search volume and price has weakened$BTC