I have run into this site some days ago, which indicates the relationship between google trends searches for a coin and its price.
https://www.cryptocurrent.co/allSo iv come up with a program that alerts through an email whenever there is a significant increase in the search volume of any of the top 200 coins. At the moment the alert comes within 30-60 minutes, but I think it could be useful for catching uptrends due to news.
What do you guys think? Has anyone else looked into this?
Please, any insight or opinion will be very useful.
Thank you!
I'm not a trader but this is definitely a tool that can be used to gauge the interest of the public on bitcoin and other crypto, look at that jump in November and December in the Google trend index this show to us it was not only the whales pumping the price or a manipulation by the exchanges, real people were interested in bitcoin and its price.