Bitcoin is up 30% so far this year. That may sound impressive, but Bitcoin is still down 67% since its peak back in October. To get back to that level, Bitcoin has a further 300% to go, and there are good reasons to believe that it will never happen.
Search interest for Bitcoin is currently at the lowest it's been since 2016, and low search interest has always preceded a drop in Bitcon's price because Bitcoin requires fresh buyers in order to sustain its price.
Bitcoin is a flawed investment object in that it requires energy and hardware for its existence, yet generates no income for its owners. The Bitcoin community as a whole has to pour money into Bitcoin's upkeep, and this cannot be sustained over time if there is no fresh money coming in. With search interest for Bitcoin at a seven year low, we can expect Bitcoin to go another leg lower in the not too distant future.
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