The four most famous international exchanges:

Binance INTL	OKX INTL	Gate.io INTL	Huobi INTL
China Line　APP DL	China Line　APP DL	China Line　APP DL	China Line　APP DL

Note: The above exchange logo is the official website registration link, and the text is the APP download link.

Google data: People tend to buy Bitcoin after the price rises. I believe that seeing this title, many friends in the currency circle will find it incredible. Why do people like to buy after the price of Bitcoin rises? I believe that everyone will have a certain understanding after reading this article. According to Google data, a closer look at the trending searches in the past month will show that the term "buy Bitcoin" tends to attract people's interest only after the price of Bitcoin actually rises.

The term "buy Bitcoin" follows the price of Bitcoin. Data from Google Trends shows that the search volume of the term "buy Bitcoin" in the past month has increased only after the price has risen.

As can be seen from the chart, people's interest in this phrase peaked on April 3, with the Google Trends index reaching 100 points. This is the peak popularity of this particular term in the selected time period.

On the same day, Bitcoin was trading at about $5,300, up 26% from $4,200 two days ago.

On the other hand, comparing the two charts, it can also be seen that if the price of Bitcoin falls, the interest in buying Bitcoin will decrease.

Signs of FOMO

In other words, people seem to be more willing to buy Bitcoin when it rises rather than when it falls.

As BTCTrade
reported, this could indicate that people simply don’t want to miss out on further price gains, otherwise known as the “fear of missing out.” Perhaps another indicator supporting this behavior is that people’s interest in buying Bitcoin drops when its price plummets.

In addition, the top five countries where Bitcoin searches tripled after the rally were Nigeria, the Netherlands, South Africa, Austria, and Switzerland.

Or a sign of a bottom?

On the other hand, supporters believe that BTC/USD may have finally bottomed out.

A new report released by the leading cryptocurrency exchange shows that cryptocurrency prices have steadily recovered after the 2018 lows, and people believe that the market has bottomed out.

Regardless, Bitcoin’s upside potential is noteworthy, with only 405 days left until the block reward halving. Moreover, it’s digitally scarce, and its emission rate is transparent and predictable, unlike the U.S. dollar or other fiat currencies. The latter’s purchasing power is steadily decreasing and will continue to decline.

As the saying goes, buy low and sell high.

So, there may be several reasons to buy some Bitcoin now as Bitcoin is showing bullish signs again. Because if Google’s data is anything to go by, the vast majority of people would probably buy Bitcoin at $30,000 or more, not at the low $3,000s.