Google's searches for “Bitcoin Zero” within the U.S. surged to a report 100 on the corporate's relative curiosity scale in February, matching the variety of searches for Bitcoin. BTC$68,541.73 It has fallen in the direction of $60,000, a greater than 50% drawdown from its all-time excessive in October.
This surge could possibly be learn as a sign of broader capitulation and probably a contrarian purchase sign. Comparable peaks occurred close to localized lows within the Bitcoin value in 2021 and 2022.
However international information tells a special story. Globally, the identical interval peaked at 100 in August, however has fallen to 38 this month. Removed from hitting an all-time excessive, international concern searches have been on the decline in latest months.
This disconnect means that panic is native relatively than common. It's excellent for the background. U.S.-specific components have dominated the macro narrative in latest weeks, together with elevated tariffs, tensions with Iran, and widespread risk-off rotation in home shares.
Retail traders within the U.S. could also be reacting extra sharply to those headlines than holders in Asia and Europe, the place Bitcoin drawdowns come in numerous information cycles.
There are additionally methodological points value reporting. Fairly than reporting uncooked search quantity, Google Traits scores curiosity on a relative 0 to 100 scale. The 100 merely marks the height of the time period itself throughout the chosen time-frame.
A rating of 100 in February 2026, when Bitcoin's US retail customers are considerably greater than through the 2022 bear market, doesn’t essentially imply extra persons are looking in absolute phrases. This implies a spiked time period in comparison with a better baseline.
Bitcoin's person base and mainstream consciousness have elevated dramatically since 2021. The takeaway right here is that whereas retail nervousness is clearly on the rise within the US, the “search bottomed out” paradigm could not carry the identical weight when international tendencies are cooling. It could nonetheless be contrarian gasoline, however not the type that ensures a clear development reversal.
