I wrote previously that Google Trends on the search term “BTC USD” is a great way to track the growth of active Bitcoin users. The search “BTC USD” is a proxy for the engagement of active Bitcoin users as they check the daily price. In the chart above, the baseline denotes the exponential growth...
Google Trends is my friend. It’s a great tool for reporting search trends over time, and I’ve seen many people publish Trend’s charts of the search term “Buy Bitcoin”, to track Bitcoin’s interest by the public over time. I thought I’d use this tool to investigate the growth of...
This infographic of Bitcoin’s price is something I’ve been pondering today. It tells Bitcoin’s often dramatic price story in fundamental trend lines on top of which lives some serious doses of speculative activity. There’s a lot in this chart so lets break it down. In late 2015 through to May...
Here at Woobull Labs we take data driven analysis very seriously. Today, I’m pleased to present the culmination of 4 years of data gathering and analysis on Bitcoin trader psychology. The sketch above depicts the basic rig we used for our epic research. The dataset includes readings over 4 years at 10 minute...
Today Chinese exchanges report 98% of global volume. This shows huge dominance by Chinese markets. Unfortunately we know that most of this volume is fake. Why is it fake? Unlike the rest of the world, Chinese exchanges are unique in that they do not charge fees on trades. Instead they make their money via...