A couple things to note when viewing the chart presented above:
- Price data is derived from Mt. Gox Data.
- Closing price at 18:15 each day was used.
- Price data was normalized by dividing all close prices by the largest closing price value over the last month and a half and then multiplying by 100. This allows for easier comparison against the google trends data for the term bitcoin.
- This chart does not take into consideration many other factors such as intra day movements in BTC/USD