Searching for Bitcoin (BTC) on Google looks less popular today than it was when the asset reached an all-time high in December 2017.

“2017 was a year of hype and new users were quick to try to take over BTC because of FOMO (fear of missing out),” Alex Mashinsky, CEO of Celsius told Cointelegraph. “The situation is different this time,” he said. Citing Google Trends data, Mashinsky said, “The fact that almost nobody is looking for BTC, tells you that everyone already knows what it is and where to buy it (cash app or Paypal).”

Bitcoin has seen regular adoption in a number of areas this year, including PayPal, which launched crypto services on its platform, which has increased public awareness of the industry. After years of riding a rollercoaster, Machinsky said the cryptocurrency started its current overall upward trend around the same time that COVID-19 hit the scene, according to Piers Crosby, general manager of TradingView.

“I started talking about new full-time jobs in February 2020,” Mashinsky pointed out to his YouTube interview in April with Ivan on Tech. In an interview, Mashinsky predicted BTC would grow through 2021, and he was right.

When it comes to future bitcoin prices, Celsius boss appears to have a more conservative view of Bitcoin’s potential than a number of other speculators, some of whom are expecting prices of $ 100,000 or more in the next year. “We will test between $ 15 and $ 16,000 before reaching $ 30,000 by the middle or second half of 2021,” he said. “There is still less supply and more demand, so the price of bitcoin has more to do with what the economy, COVID-19 and the US dollar do, than Bitcoin does.”

After briefly returning to $ 16,200, Bitcoin is back in the $ 19,000 area again.

Source: CoinTelegraph

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