How Google-trend help you in crypto market trends

in #bitcoin6 years ago (edited)

Google trend, popular for SEO, can help crypto trading platform too?

free-google-tools-01.jpeg

Google trend the some kind of similar movement in Bitcoin chart. It shows human behaviour or search engine. And search engine shows some valuable information on Bitcoin's up and down.
I am not an charting expert but some how it will help to study when market will down and up by closely study #Google-trend.

Some youtubers nicly analysis on it. Some them are :- ref
Google trend analysis help in crypto trading -in hindi
Google trend and crypto market chart study -in English

Here some snapshot of Google trend and coinmarket cap chart. Have a look.
Screenshot_20180812-235202.png
Google trend chart for 12 months
Screenshot_20180813-000220.png
Coinmarket cap Bitcoin chart for 12 year


It clearly shows the almost similar movement.
Here are some more snapshots
Screenshot_20180813-000318.png
Coinmarket cap 7 days chart point at 10 August.
Screenshot_20180812-235719.png


Charts show upward when more search in Google search. But one thing must be remember "searching terms"
#FUD or #FOMO which is trending.

Golden rule of trading Always do your own research.

Love you all, for reading my airticle.

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Google is great and amazing

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