Some market watchers believe Bitcoin could be on track to surpass $110,000 in the coming weeks. Yet, despite the price surge, the typical signs of retail enthusiasm are missing.
In past cycles, a move like this would have drawn a wave of new investors and widespread media coverage. Instead, the response has been relatively muted.
At that point, global interest in the top crypto had reached a score of 22 on Google’s 0–100 scale. However, the peak search interest ballooned to 40 in January when BTC reached a new all-time high.
Still, this is less than half of the retail frenzy observed in prior bull markets in 2021, when the score hit 100.