Tough Period for Bitcoin is Over, Declared Clem Chambers

3 min read

British entrepreneur and author Clem Chambers revealed that Google Trends statistics on “Bitcoin” searches indicate a prosperous future for investors.

Hi Traders,

Among his latest articles for Forbes, Clem Chambers has collected some statistics from Google Trends that have drawn the attention of crypto investors. You may be surprised or not, but the number of “Bitcoin” searches on Google is higher than “Trump” or “Taylor Swift” ones.

Clem Chambers stated:

Bitcoin has massive brand clout. For whatever reason, the world is fascinated by it. Nothing makes that more clear than the following Google trends graph”

The Forbes author pointed out that there is a bigger attraction for the stock market when stock values fall. On the other hand, if Bitcoin (BTC) is constantly growing, so do searches volumes.

This suggests to me that stocks are driven by fear and crypto by greed, a tantalizing idea in its own right. Behind this dichotomy is that the old own stocks and the young own crypto, and the old are fearful and the young are fearless and full of hope, a condition which can be summated into a kind of greediness.”

Surprisingly, Chambers found that the maximum number of searches for “Bitcoin” was recorded simultaneously with crypto assets’ market peak. A closer look at the clues over the past four months will prove this. The British entrepreneur believes that the tough period of the most famous cryptocurrency in the world is over, but to support this trend, users need to invest in it instead of expecting a price drop.

Note that Google does not share real search volumes. Score 100 represents the maximum peak, while 50- half of the number of searches.

Clem Chambers is already a Bitcoin investor, hoping the currency price drops to buy more coins.

Which is a drag as far as I’m concerned as I am still hoping for a buying opportunity below $5,000.”
Elite CurrenSea

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