Halving is a thing on Google Trends!
Google Trends: Bitcoin Halving Refutes ‘Nonexistent’ Retail Interest Bitcoin (BTC) investors and mainstream consumers are paying more attention to the cryptocurrency’s block reward halving in May 2020.
According to data from Google Trends on Dec. 17, worldwide searches for “Bitcoin halving” have significantly increased in the course of 2019, over a year before the halving occurs.
We see from the image the interest for halving has already surged: not only it has been more searched than the complete halving in 2016 (I guess the area below the line is already bigger), but also it is actually been rising since March, time of publication of PlanB article on Medium.
The sad thing is: if halving is a well known fact bewteen investors, and probably this mean they know something about the SF model: why the is the price still struggling?
Tuur Deemester doesn't seems to worried about this:
Nonetheless, the heightened profile of the halving in particular did not go unnoticed among analysts. Commenting on the data, Adamant Capital co-founder Tuur Demeester noted that many still perceive the halving as a Bitcoin price catalyst.
“It's very clear that retail interest in BTC is nonexistent and investor sentiment is pretty bad right now. Question is whether the halvening could provide a bullish narrative - the Google trends data imo suggests it could,” he wrote on Twitter on Tuesday.