Apr 26
Apr 24
#BitcoinETF volume is alive and well, recently reaching its highest daily collective volume in 4 weeks ($3.62B), when measuring activity from $GBTC, $IBIT, $FBTC, $ARKB, $BTCO, and $HODL. With markets moving sideways unpredictably over these past 5 weeks, consider the health of these #ETF's as a #bullish bode of confidence for the entire #cryptocurrency sector.
#Bitcoin's key whale tier holding 1K-10K $BTC are supporting this rise, and have now accumulated 266K more $BTC since the start of 2024. This translates to an accumulation of 1.24% of the entire supply. The crowd is also showing a high degree of #FOMO.
Check out the link to this above chart, and monitor how these two leading indicators develop as we head into our final days of April. The post-halving era continues to be uncertain, but could be very rewarding if whales continue accumulating and this level of crowd bullishness calms down shortly.
Apr 22
High transaction #fees associated with #Bitcoin have been a hot topic since the successful Friday #halving. Much of this surge appears to be related to the #RunesProtocol debut. The #FUD related to $BTC costs should be beneficiary to #crypto bouncing.
Apr 19
📺 We had the privilege of chatting with our friends at CryptoBirb to take some final looks at where #crypto markets are likely going to go after the highly anticipated #halving. Enjoy the show, and let us know what we should cover on the next one!
📺 As #Bitcoin rapidly dropped to an eventual below $60K market value earlier today, we chatted with EquitiesTracker about some of Santiment's top indicators to see why the crowd's fear would likely lead to a bounce. Enjoy our final #halving video!
Apr 18
📈 #Crypto markets have seen a boost today, as #Bitcoin has jumped back to $63.8K with just over 36 hours until its #halving event. The crowd has maintained a consistently #bearish sentiment toward top caps, which strengthens the argument for more rising. Remember that markets typically move in the opposite direction of the crowd's expectation!
Apr 17
😧 According to the #crypto crowd, the #bullmarket has essentially come to an end after #Bitcoin's -16% market value drop since the #AllTimeHigh of $73.6K hit back on March 14th. At the same time, #bearmarket mentions are increasing. Historically, prices move the opposite direction of mass traders' expectations. The quick dropoff of #FOMO combined with a notable rise in #FUD is a promising combination that #cryptocurrency may see a recovery either right before the #halving, or shortly after.
Explore this chart further, and see how #bullish vs. #bearish mentions from the crowd are impacting the fluctuations of $BTC and other prices.
The crowd's fear heading into the #halving may be just what we've needed to signal a recovery. With #FUD showing in #Bitcoin and #Ethereum, there is a solid chance this past weekend was the #bottom for #cryptocurrency markets. Enjoy our latest video as we look at many of Santiment's top metrics!