According to U.Today, in October 2026, global Google search interest for "Bitcoin" and "BTCUSD" significantly declined, reaching multi-year lows. On-chain analyst Willy Woo noted that historically, periods of low retail search activity often precede the formation of long-term price bottoms. However, Google Trends data also showed that searches for "buy crypto" reached a yearly high during the same period, indicating that retail funds have not left the crypto industry but have shifted to other tokens in pursuit of higher returns. The article suggests that with the influx of institutional capital, Bitcoin's price reliance on retail user search volume has diminished, and Google Trends now more accurately reflects retail sentiment and the degree of market speculative overheating.