The key to bitcoin’s next breakout may lie in Google search

The first analyst to follow bitcoin sees a very accessible way to track its next big move.

DataTrek Research's co-Founder, Nick Colas, said recently that the key is looking into Google search and wallet growth.

"By looking at the number of people who search for the word 'bitcoin' on Google, which has roughly a 60 percent market share of search globally, we get a pretty good sense of where the interest is," he told CNBC's "Trading Nation" this week.

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