OPEN-SOURCE SCRIPT

Bitcoin Google Trends Overlay

Updated
This indicator overlays Bitcoin Google trends data starting from 16/12/2018 until 10/12/2023. To have more recent data, you will need to update the data points manually.

If it is not showing properly, you need to plot the indicator to a new scale. Try also to use a logarithmic scale to better correlate the Bitcoin Google Trends data.

Interpretation:
Google Trends data and the Bitcoin price are very correlated. Google Trends data is a good indicator of market sentiment, but it usually lags.

Release Notes
This indicator overlays Bitcoin Google trends data starting from 16/12/2018 until 10/12/2023. To have more recent data, you will need to update the data points manually.

If it is not showing properly, you need to plot the indicator to a new scale. Try also to use a logarithmic scale to better correlate the Bitcoin Google Trends data.

Interpretation:
Google Trends data and the Bitcoin price are very correlated. Google Trends data is a good indicator of market sentiment, but it usually lags.
Release Notes
Updated with most recent data
Release Notes
Updated data
Release Notes
Updated with most recent Google Trends data
Release Notes
Updated data
Release Notes
Updated data - 12 April 2024.
Release Notes
Note: Select the indicator and pin it to a new scale in order to see it.
Release Notes
Updated Google trends data.
Release Notes
Updated with most recent data.
Release Notes
Updated Google Trends data and updated from Pine 4 to Pine 5.
Remember that to use the indicator, you need to pin it to new scale.
Release Notes
Updated Google Trends data until 01/09/2024.

Updated the script so that it attached the indicator to new scale.
Release Notes
Updated Bitcoin Google Trends Data
Release Notes
Updated up to 11/11/2024
Release Notes
Updated with new data - 13/12/2024
Release Notes
Updated
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Open-source script

In true TradingView spirit, the author of this script has published it open-source, so traders can understand and verify it. Cheers to the author! You may use it for free, but reuse of this code in publication is governed by House rules. You can favorite it to use it on a chart.

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