Searches for "Bitcoin going to zero" surge in the US, hitting an all-time high.

PANews reported on February 22 that, according to Google Trends data, searches for "Bitcoin zero" in the United States reached an all-time high in February, coinciding with a more than 50% drop in Bitcoin's price from its all-time high in October last year, nearing $60,000.

However, the global search popularity of this term has gradually declined since it peaked at 100 last August, and this month it is only 38, indicating that the panic is mainly concentrated in the United States.

Analysis suggests that the surge in searches in the US may reflect widespread panic among retail investors and could potentially be a buy signal. Similar search peaks in 2021 and 2022 coincided with local bottoms in Bitcoin prices. However, because Google Trends is based on relative interest scores (0-100) and does not reflect absolute search volume, this signal may not accurately predict trend reversals.

Furthermore, recent macroeconomic events in the US, such as escalating tariffs, tensions with Iran, and risk aversion in the domestic stock market, may have exacerbated concerns among US investors, while investors in Asian and European markets have reacted relatively calmly to the decline in Bitcoin prices. Nevertheless, while panic among US retail investors is rising significantly, it may not be a reliable indicator of a Bitcoin price reversal.