11 Mar Is Declining US Interest in Bitcoin Halving a Bad Omen for BTC Price?
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The third Bitcoin halving cycle is rapidly coming to a close. The multi-billion-dollar question on the lips of many investors is whether price performances following past events will repeat.
According to Google Trends, it looks like US interest in the event is actually waning with just weeks to go. Could this be a sign that perhaps this time the rocket might explode en route to the proverbial moon?
US Interest in Bitcoin Halving Falling?
NewsBTC has reported on Google Trends many times previously. Given that the search engine is most people’s first port of call when they need information on a topic, the metric can provide valuable insight into what those outside of Twitter or Reddit feel about Bitcoin.
As pointed out by Bloomberg Markets editor Joe Weisenthal, searches for both “halving” and “halvening” are dropping from within the United States.
Haven’t seen this get a lot of attention on crypto twitter. Searches for halving and halvening already on the decline, weeks before…
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