Google trends has always been used by the community to monitor the general public's interest in bitcoins; precisely the analysis tool of the well-known search engine shows that interest in bitcoin halving has started to rise since last May, almost a year earlier than the expected halving date. The reason, as everyone knows, is that normally the halving of the reward given to miners for validating a block has always generated an important upward push and, consequently, more and more people have started to look at the next halving as an opportunity to make profit. While the search volumes on the halving of the reward are increasing, however, in the last few months the most strictly bitcoin-related searches have begun to fall, something that many observers have associated with a loss of interest following the fall in prices; commenting on this trend, the co-founder of Adamant Capital, Tuur Demeester, observed that:

It is quite clear that retail interest in BTC is non-existent and investor sentiment is rather negative at this time; the point is to understand if the upcoming halving could favor a resumption of bullish sentiment and looking at data on Google trends I think this could happen

Things, however, are much more complicated than that, in the meantime because many observers have been making it known for months that it is not necessary to build excessive expectations for the next bitcoin halving and then because many traders have already been burned recently by halving of litecoin, of which it was also said that it would have favored a resumption of the quotations of LTC but that in reality has left many investors with the wax in hand. It should therefore be remembered that bitcoin halving does not necessarily coincide with a new ATH and there is indeed the concrete possibility that whales take advantage of the opportunity to speculate to the bottom and accumulate even more coins; it is in fact conceivable that many people will approach bitcoin just near the halving and if at that point the bearish pressure prevails all those people will probably panic, giving rise to heavy dumps of which the most savvy operators will take advantage. However you want to see it, then, it would be correct to maintain a prudence-oriented approach, while it doesn't make much sense to make forecasts, now just over three months are left to halving so it makes no sense to stand and make a thousand hypotheses, it will be time to tell us how things will actually go.