Bitcoin Sentiment Warning: Social Media FOMO Spikes Again
Analytics firm Santiment has pointed out how bullish sentiment among social media users has seen a sharp spike alongside the latest Bitcoin rally. Bitcoin Has Observed A Surge In The Positive/Negative Sentiment According to data from FOMO zone for Bitcoin recently. The “Positive/Negative Sentiment” here refers to an indicator that compares the bullish and bearish…
Bitcoin Dip-Buy Calls Spike: Why This Could Actually Be Bearish
Bitcoin has seen “buy the dip” mentions spike on social media after the price crash, but Santiment warns this could be a contrarian signal. Social Media Users Are Calling To Buy The Bitcoin Dip In a new Insight latest plunge in the Bitcoin price. “One of the first things we like to look for is…
Bitcoin Returns Under $117,000: Is Social Media FOMO To Blame?
Data shows Bitcoin’s retrace below the $117,000 level came right after a major spike in social media chatter, often a contrarian signal. Bitcoin Social Dominance Saw A Huge Spike As BTC Crossed $123,000 In a new Social Dominance,” which tells us about the share of social media discussions related to the top 100 cryptocurrencies that…
Bitcoin MVRV Hints At $85,000 Price Target On This Condition – Details
Bitcoin, the world’s largest digital asset, recorded significant market gains in the past week to resume an uptrend that began in early October. Data from CoinMarketCap shows that Bitcoin rose by 10.58% in the past week as pro-crypto candidate Donald Trump emerged as US President-elect on November 5, followed by a 25 bps rate cut by…