Bitcoin Google Searches Hit a 6-Year Low. Willy Woo Calls It a Buy Signal
BTC when published $82,070Now $80,595 ▼ −1.80% since it was published
Google searches for “bitcoin” have fallen to about 14 on a 100-point scale, their weakest reading in roughly six years. On-chain analyst Willy Woo says that kind of silence has historically marked the best time to buy. However, today’s searchers look different. Bitcoin (BTC) trades near $82,070, up 1.5% in 24 hours, and traders appear to dominate what interest remains. Do Low Bitcoin Google Searches Signal a Buy Zone? On October 15, Woo shared Google Trends data for “Bitcoin” and “BTCUSD” with a simple contrarian rule. The pattern has held before. A chart from X user gidwell0x overlays price on the search data. It shows “bitcoin” searches peaking in December 2017, the same month BTC topped near $20,000.
First reported by BeInCrypto. This page is a short excerpt; the full text is theirs.
