Fluctuations in public opinion regarding cryptocurrencies have also been reflected in international search trends about Bitcoin in recent days. In particular, interest in the phrase “Bitcoin is going to zero” has climbed to a five-year high. On February 13, statistics for this search term reached the maximum of 100 in Google Trends’ normalized scoring. This rise shows that fear and anxiety among individual investors have become evident with increasing volatility in the markets.
Market Pressure and Economic Uncertainty Triggered Fear
While the current price of Bitcoin is still approximately 50 percent below its peak level, ongoing economic and geopolitical uncertainties on a global scale increase the pressure on the markets. Historically, similar search waves have been observed to occur during periods of sharp depreciations and high emotional tension. Experts state that such searches are concentrated not in times when the price is calm, but in moments when great activity and selling pressure come to the fore.
Search Trends, Sign of Emotional Intensity
Google Trends data over the past five years has revealed similar search intensities, especially during periods of harsh corrections. However, the latest increase is at a remarkable point in terms of scale. Although a score of 100 does not necessarily indicate the highest number of searches, it does indicate that this phrase reached the most attention during the relevant period. This picture indicates that fear-based discourses are spreading rapidly and anxiety is increasing among individual investors.
Search behavior often reflects emotional responses rather than market structure. The fact that a large number of investors are exploring possible total loss scenarios shows that mass stress and uncertainty are coming to the fore in the markets. It is known that in previous cycles such trends often coincided with late-stage market give-in periods rather than the beginning of a structural collapse.
According to data provided by Google, the magnitude of interest for the term “Bitcoin is going to zero” has reached a remarkable level.
Critical Threshold in Market Psychology
The current wave is taking investor sentiment to extremes. Because as markets approach bottom levels, sharp uncertainty and stress prevail instead of widespread comfort. Recent developments show that the psychological balance in the markets has been significantly shaken.
Although Bitcoin’s price weakness continues, fear among retail investors has increased dramatically. Whether the current environment is a short-term panic or the beginning of a process that will trigger a deeper sale will become clear depending on market conditions in the coming period.
As a result, the change in emotion and the level of fear that dominates the markets points to a new psychological era in Bitcoin.
