Google Trends results for: Steemit, Coinbase, Buy Bitcoin

in #analysis7 years ago

googletrends.jpg

Hello all, I was looking around at Google trends for Steemit, Coinbase and BTC... Here are a few screenshots of the findings:

Steemit interest over 1 year, looks like it is holding fairly steady.... (especially with the advertising that a few of the witnesses pay for on various social media platforms)
steemitchart1year.png

The interest by region definition:

interestbyregion.png

region1.png
region6-10.png
regions11-15.png
region16-20.png

Regarding the price of Steem, it is still in a trading range and it is currently rising with green Heikin Ashi bars.
steemchart.png

Coinbase - I searched for this exchange because it is the easiest way for people to purchase BTC, they have expanded into various countries around the world. This is a one year line chart.
coinbase.png

I can see some similarities with the Coinbase chart and the daily line chart of BTC. The spikes generally align with the peaks in BTC price... This shows the 'herd mentality' where the general public hears from someone that Bitcoin is going up!!! So they look for a way to purchase it...
btclinechart1year.png

Top 5 Interest by region:
buybitcoinregion.png

It's interesting to see if there are correlations between what people are searching for and the outcome from actions taken. (If any)

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