Most people start researching Bitcoin only after the price of Bitcoin starts to move.
Although the number of users is increasing rapidly, there are still millions of people who do not know about Bitcoin today. Many investors think that Bitcoin will spread to large masses and gain mass acceptance over time.
If we talk according to Google data, the price will have to increase first for Bitcoin to spread to large masses. Because apparently people are researching about Bitcoin only after the market moves.
Change Over Years
A Reddit user recently shared how Bitcoin price correlated with Bitcoin searches on Google.
As can be seen in the graphic above, as Bitcoin price rises, the number of searches for Bitcoin on Google increases. The decrease in Google searches as the price decreases can be counted against Bitcoin. But the fact that Bitcoin searches on Google have increased almost continuously over the years shows that Bitcoin is spreading.