Benjamin Cowen, the analyst behind Into The Cryptoverse, argues that weak social interest in crypto may reflect a structural reputation problem rather than a normal cyclical lull.

In a recent video comparing Bitcoin’s (BTC) current bull-versus-bear case to indicators from prior cycles, Cowen flagged persistently low Google Trends and Wikipedia search activity as one of the more troubling signals for bulls.

Reputation Risk Over Cyclical Dip

Cowen’s broader framework tallies bullish and bearish signals across on-chain, technical, and sentiment data to gauge whether Bitcoin’s cycle low has already formed. Social interest, he said, has kept falling even though prior…