Google Trends shows: Search queries for Bitcoin are dropping drastically. An indicator of the price development?
We have to understand that the people interested in the technology in the first place are seldom the people interested while the technology goes through its hype and the underlying asset is creating a bubble. Those interested in the technology at the beginning are the ones understanding the technology and trying to develop and making it better and they are seldom interested in making a fortune. But then we can witness a shift from those people that are truly interested in the technology and understand it towards those people that are solely interested in getting rich and see the underlying asset just as a way to do it but don't care about the technology at all.