Bitcoin Roars Back To $94K — Traders Rush In As FOMO Explodes: Data
Bitcoin climbed to a three-week high on Tuesday before slipping back, a move that has traders and analysts watching closely. Related Reading: NFT Slump Worsens With Monthly Sales Hitting Rock Bottom According to TradingView data, Bitcoin price topped out at $94,600 late in the session — its highest level since November 25 — then eased to about $92,450 at the time of reporting. Santiment, a blockchain analytics firm, said social chatter calling for “higher” and “above” exploded during the spike, but market action remained uneven. Bitcoin: Trader Frenzy And Skepticism Reports have disclosed....
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2020 was undeniably the year of Bitcoin. No financial assets have acted as a better safe haven, insurance policy, protection against inflation, and more – all while being the top-performing mainstream investment asset in terms of ROI. FOMO has started in a major way, and will only increase from here. The sudden surge in interest surrounding crypto is reflected in the asset setting the highest number of new BTC address created since 2018 when the […]
Bitcoin on-chain data suggests accumulation is going on as investors feel FOMO about the current rally above $57k. Bitcoin Accumulation Goes On As Investors Feel FOMO As explained by a CryptoQuant post, on-chain data is showing signs of accumulation as BTC netflows show negative spikes, and the stablecoins inflows indicate big moves. The Bitcoin netflow […]
The PayPal FOMO could allow Bitcoin to hold $18,500 as support for its next upward leg towards $20,000, its record high with a huge sentimental value among traders.
Five months of losses may have set Bitcoin up for a rebound — and some traders think the bears are about to face their first real test this cycle. Related Reading: Solana ETFs Attract $540 Million From Wall Street In Q4: Data Oversold Conditions Catch The Market’s Attention Bitcoin climbed back above $70,000 on Tuesday, […]
XRP is now moving into a new chapter marked by the arrival of Spot XRP ETFs, and Ripple CEO Brad Garlinghouse believes this is about to cause a rush toward the asset. Garlinghouse’s latest comment about an incoming rush to XRP arrives at a moment when the cryptocurrency has been struggling with bearish price action. […]