...this has only just begun
While all crypto addicts wonder if it is time to collect profits or is it worth waiting more, in addition to the price and the graphs in this regard, it is good to look at other variables that can be of vital help to us to recognize the top of the market. One of them is the popularity of an asset in Google searches.
At the end of the previous bullish cycle, just when BITCOIN reached its maximum value and the entire crypto ecosystem exploded every day with new records, the search volume of Bitcoin in google also reached its maximum. At the present time, this same variable has not yet reached its highest level and even its popularity seems to have softened in its rise. This effect also happened in the past, calmer periods that preceded the final explosion. Some would think that the market is turning bearish looking at the graph but, in my opinion, it is the opposite, we have not yet reached the FOMO level that will lead us to burst the bubble...
...Maybe the story is not repeated exactly but I feel in my guts that the level of excitement in the market and the media, especially the traditional ones, have not reached the same climax that we observed at the beginning of 2018.
This Bullish cycle will undoubtedly leave the previous one at the height of the sole of the shoes.
Disclaimer: This is just my personal point of view, please, do your own assessment and act consequently. Neither this post nor myself is responsible of any of your profit/losses obtained as a result of this information.
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