Welcome back dear traders and investors!
Today we will break a bit the classic theoretical analysis that I frequently carry out, on the contrary, we will dedicate ourselves to studying the search histories in different world powers, as well as globally, so that, we can better understand another of the reasons why there has again been a significant boom in the price or capital value of Bitcoin and cryptocurrencies.
Google Trends - Tag: Bitcoin
Epitaph:
Before starting our study, we must know with certainty why we are doing it and identify the main factors that define reality. In the past, referring better to the year 2017, Google Trends was one of the most practical forms of qualitative and fundamentalist analysis for traders, thanks to the graphs, some investors could foresee certain gradual movements suggested by the search history worldwide ( It should be noted that this is a theory, but that it can be used with great certainty)
Since the inception of Bitcoin, when global search history has risen, it has also been intertwined with upward trends. However, the best analysts, sociologists and expert traders consider that not only the number of search indices should matter, but also which countries are looking to know about Bitcoin at the moment?
USA
SPAIN
CHINA
ALL THE WORLD
List of countries
The problem:
According to this theory, we should not expect very good suspicions in the Bitcoin world, and I will explain it in detail without omitting valuable details.
When the search index of the word "Bitcoin" or "Blockchain" is evaluated at a global level, the ideal thing should be that they appear in the first positions, countries of great weight, trajectory and economy, however, that is not the case -for please do not call me a bear, I like the upward trend as much as everyone- I just want to say that it is not very well seen at the international level that some underdeveloped or dictatorial countries, with poorly constituted, fragile, unstable economies are conducting searches of this type, Of course, the translation is evident, in these countries Bitcoin is more than a safeguard, but that is the question, because, countries like South Africa, Ghana, Nigeria, Kenia, Haiti and many others, do not demonstrate or maintain the best relationships at the level international or the best public-institutional opinion. That is to say, that the increased search of these countries can and is at this moment an endorsement or letter of explanation of reasons to demonstrate the multifaceted uses of Bitcoin that are not always adequate, since it is known that the economy of cryptocurrencies is used in versatile ways, in positive and negative tones.
All statistics were truly justified and belong to Google Trends
If you want to support my content and my analysis or articles, you can do it through my wallet
BTC donations: 19xUQN6SNKJGMYJGc25Hs6g832YHdx8A4u
Posted Using LeoFinance Beta
and we are still far from the 2017 interest for it.
Posted Using LeoFinance Beta
Completely agree my friend, this very is quite curious, we know and we do not know what can happen. Thank you very much for taking the time to respond.
Virtual hugs!
Posted Using LeoFinance Beta
Friend that you go grabbing more weight more people will be interested, it's just a matter of waiting.
Posted Using LeoFinance Beta
Tal cual, mi amigo Fabián, el interés crece mediante la inmediatez y profundidad noticiosa, nos mantenemos a la espera de ver qué puede o no ocurrir. En mi parecer los 35k están más cerca de lo que algunos creen.
Abrazos virtuales!
Posted Using LeoFinance Beta