Bitcoin Social Volume

Social Media Screams “Sell” As Bitcoin Crashes To $54,000: Buy Signal?

Posted on July 5, 2024 by ante — No Comments ↓

Data shows users on social media platforms have been calling to sell Bitcoin after its latest crash, a signal that contrarian traders may be waiting for. Bitcoin Sentiment On Social Media Has Turned Quite Bearish According to data from the analytics firm market drawdown. The indicator of interest here is the “Social Volume,” which basically… Continue reading Social Media Screams “Sell” As Bitcoin Crashes To $54,000: Buy Signal?→

Bitcoin FOMO: Social Media Users Calling To Buy Sub-$66,000 Dip

Posted on June 15, 2024 by ante — No Comments ↓

Data shows that traders on social media have been calling to buy during the latest Bitcoin dip below $66,000, a sign that FOMO is active in the market. Bitcoin Investors Are Displaying FOMO After The Recent Decline As the analytics firm Santiment pointed out in a new post on X, the recent drawdown in the… Continue reading Bitcoin FOMO: Social Media Users Calling To Buy Sub-$66,000 Dip→