BTC sentiment driven and correlation with Google search

Well, the knowledge that this market is almost completely sentiment driven. Which means it doesn’t always make sense. Crypto has more retail investors than any other market. You can see this if you look at the Bitcoin price chart next to a chart of Google search trends for the word “Bitcoin”. The charts are pretty similar, it would seem, The more people that google Bitcoin, the higher the price goes. The Search Volume graph seems more smooth because less data points were used to plot the graph.

Bitcoin Google Search Volume Over 12 Months
The search volume actually starts to pick up just before the price goes up.
When a market is sentiment driven, price movement is driven by emotion. > From <https://hackernoon.com/3-things-not-to-do-when-bitcoin-is-going-down-e80097d15796>