Bitcoin sentiment in 'wild' divergence from reality as $53K BTC triggers 'ext...
Bitcoin price action is just 20% from all-time highs, but the market has reentered "extreme fear" for the first time since $43,000. Bitcoin (BTC) has stabilized at around $55,000 after dropping by $6,000 in a single day — but crypto market sentiment is still in shock.According to the Crypto Fear & Greed Index, as of Nov. 27, emotions are now at the most fearful since late September.Crypto sentiment dives into "extreme fear"Fear & Greed, which takes a basket of factors to compute a standardized sentiment score for crypto markets from 1-100, currently sits at 21.Friday took its toll on the....
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Boost VC, a well-known accelerator among startups and the bitcoin community recently had a demo day for its latest cohort. Boost VC gained the attention of the bitcoin community after it started focusing only on bitcoin and blockchain based startups for a couple of programs. Since then, the accelerator has distributed its focus between two emerging technologies - Bitcoin and Digital Reality. The digital reality segment includes startups and entrepreneurs who are working on augmented reality and virtual reality technologies. October 8, 2015 saw the graduation of the 6th batch of startups....
The BTC/USD exchange rate corrected sharply after hitting its record high of $42,000 on Tuesday, pointing to a spike in profit-taking sentiment.
No one said the shift to web3 would be easy. That’s certainly the sentiment at Meta, which saw drops in sales and profits in their quarterly earnings announcement this week. Reality Labs, the tech-driven division of the company that is focused on VR and AR hardware and software and other metaverse-related verticals, posted a loss […]
While the world of Non-Fungible Tokens (NFTs) is gaining significant traction, the fundamental shift it conveys makes it hard for people to see the true potential, resulting in disbelief at valuations like Beeple’s $69 million “Everydays: The First 5000 Days.” Most think they know what they want when in reality they often don’t until it’s […]
The combination of upside regular divergence followed by an instance of reverse divergence to the downside, has the effect of continuing a trend. Once we see the reverse divergence fail to manifest while the Bitcoin price makes a new high accompanied by regular divergence - that is usually the sign that a high has been struck. This analysis is provided by xbt.social with a 3 hour delay. Read the full analysis here. Not a member? Join now and receive a $29 discount using the code CCN29. Bitcoin Price Analysis. Time of analysis: 16h59 UTC. Bitfinex 1-Hour Chart. From the analysis pages of....