Bitcoin Rally Expected Once Price Breaks $69,500 – FOMO Likely?
Bitcoin is at a pivotal moment after enduring weeks of aggressive corrections and underwhelming price action. Currently testing the crucial psychological level at $60,000, the cryptocurrency faces a critical phase where investor sentiment is shifting from fear to cautious optimism. Related Reading: Ethereum Remains Top DEX Chain With 35% Dominance: Can Others Challenge This? This […]
Related News
FOMO has returned to the crypto market in a major way, now that Bitcoin has set a new all-time high price record. But as more buyers pile in after an already nearly 200% rally in 2020, indicators are reaching extreme readings of overbought conditions, that nearly every time in the past has resulted in a […]
Data and traders reveal the source of XRP's recent price rally could be Asia.
An executive with Blockfi says that “this year has been a huge year for mainstream consumer demand into crypto.” Noting that fear of missing out (FOMO) will be a huge driver for investors, the executive expects some regulatory clarity next year.
Crypto FOMO Will Drive Investments in 2022
Flori Marquez, Blockfi’s co-founder and senior vice president of operations, discussed the future outlook for cryptocurrency going into 2022 in an interview with Yahoo Finance Live Friday.
Founded in 2017, Blockfi was created to provide credit services to markets....
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 […]
As bitcoin crosses $17,000 it’s not retail speculation but a new, long-term investor mindset driving the price up.