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Author Topic: $90 is strong support level according to Google Trends  (Read 3191 times)
giantdragon (OP)
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May 03, 2013, 04:17:41 PM
 #1

Look at Google Trends chart with keyword "Bitcoin", you can see that now interest is in the same level as it was in March 27. BTC price was $90, so I think it is real fundamental level below which the price will not fall unless users' interest in Bitcoin will continue to decrease.

http://www.google.com/trends/explore#q=bitcoin&date=today%203-m&cmpt=q

N12
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May 03, 2013, 04:19:56 PM
Last edit: May 03, 2013, 05:37:13 PM by Blitz­
 #2

Price leads Google Trends.

Google trends is worthless except as a lagging confirming indicator of major market cycles.
jpdoctor
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May 03, 2013, 05:35:00 PM
 #3

the price will not fall unless users' interest in Bitcoin will continue to decrease.

or put more simply: "The price will not fall below $90 unless it does."
gogxmagog
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May 04, 2013, 06:36:16 AM
 #4

the price will not fall unless users' interest in Bitcoin will continue to decrease.

or put more simply: "The price will not fall below $90 unless it does."
agreed, or not.
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