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…
Read more
Bitcoin price refuses to pull back despite Bollinger Bands and Fear and Greed pointing to an overheated rally. Experienced analysts and media outlets including Cointelegraph recently highlighted some indicators suggesting that the Bitcoin (BTC) price rally could be overextended. Those bearish views include one from Bollinger bands creator John Bollinger, suggesting traders use a trailing…
Read more
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…
Read more
Social media sentiment for Bitcoin has slumped to two year lows which is good for those wanting to go against the crowd. On-chain analytics provider Santiment asserts that Bitcoin and crypto assets tend to bounce when social sentiment indicates there is a lot of fear, uncertainty and doubt, which suggests that now is a buying…
Read more
Social media sentiment for Bitcoin has slumped to a two year low yet technical indicators are still saying ‘buy’ A number of metrics indicate that social and trading sentiment for Bitcoin is still low despite its price breaking above $11,000 a couple of hours ago. On-chain analytics provider, Santiment has revealed that weighted social sentiment…
Read more
