FOMO Begins: Bitcoin Adoption Explodes To Highest Level Since Previous Parabo...

FOMO Begins: Bitcoin Adoption Explodes To Highest Level Since Previous Parabo...

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 […]


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The On-Chain Metric That Says Bitcoin Is About To Go “Parabolic”

After closing its best highest week since its inception, the bulls remain in control of the price of Bitcoin. At press time, BTC’s price trade at $61,386 with a 3.8% profit in the daily and a 12.3% profit in the weekly chart. In the crypto top 10, only Dogecoin (DOGE) and Binance Coin (BNB) have outperformed Bitcoin as this asset’s dominance over the crypto market continues to rise. Related Reading | Bitcoin Price Smashes Record For Highest Weekly Candle Close Ever The general sentiment amongst traders and operators seems bullish with potential FOMO coming in the coming weeks if....

Bitcoin price 'macro top'? Not so fast — data shows the real FOMO isn't even ...

If this bull cycle is like 2017 or even 2019, then the majority of investor "FOMO" and associated price gains lie ahead. Bitcoin (BTC) bears thinking that $58,000 was this cycle's top will be sorely disappointed, fresh investment data from past bull markets shows.Compiled by on-chain analytics resource Whalemap, statistics covering BTC buys of between $5 million and $7 million conclude that even at recent all-time highs, Bitcoin was far from a "macro top.""No FOMO in sight" for BTCDuring the 2017 and shorter 2019 bull market, Bitcoin saw mass buy-ins of a similar size — $5-7 million. When....

'Extreme greed' and FOMO taking hold as BTC nudges $16K

Bitcoin has powered to its highest price since early 2018 as the buying frenzy continues. Bitcoin has just powered up to its highest price since January 8, 2018, knocking on the door of $16,000 as FOMO grips the markets once again.In a move upwards that has added more than 12% over the past 24 hours, Bitcoin prices touched their highest levels for 33 months reaching $15,980 during early trading in Asia today, November 6, according to Tradingview.com.The $16K level may form resistance since there were two weekly closes at $16,100 in early January 2018 so if this week’s candle can hold on to....