EXPLORING THE RELATIONSHIP BETWEEN THE PRICE OF BITCOIN AND THE TRENDS IN GOOGLE SEARCH
There is evidence from Google Trends to suggest that internet searches for Bitcoin price can help predict major market movements to the upside. In 2017, Semrush, a search engine marketing agency, reported that bitcoin prices had a 91% correlation with the volume of Bitcoin-related Google searches. This means that the price of bitcoin rose and fell in lockstep with the number …
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