HenriqueCentieiro

Bitcoin Google Trends Overlay

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.

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 a publication is governed by House Rules. You can favorite it to use it on a chart.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.

Want to use this script on a chart?