Nov 21
🥳 Bitcoin's new all-time high now stands at $97,890 after a surge approximately 90 minutes ago. Among several factors, one metric to continue monitoring is the collective holdings of whale & shark wallets holding at least 10 BTC.
🐳 Over the past month, these wallets have collectively accumulated 56,397 more BTC, currently worth $5.428B. At the same time, there has been some interesting consolidation of these whale & shark wallets, as significantly more coins are held by these large addresses despite 1,256 less (-0.82%) of them existing compared to a month ago.
🧐 Regardless, following the overall amount of Bitcoin holdings from these key stakeholders will be a key signal to reveal how long this historic bull rally can last.
Nov 20
🗣️ Following the milestone Bitcoin all-time high to start the week, markets are chopping as focuses turn toward which coins may see the top isolated pumps next. The top trending coins across social media are currently:
🪙 Bitcoin $BTC: Crypto's top market cap new all-time high from yesterday leaves traders speculating for $100K and beyond.
🪙 Microstrategy $MSTR: Users are analyzing the correlation between MicroStrategy's stock performance and Bitcoin's price movements, emphasizing MicroStrategy's significant Bitcoin holdings and its role as a leveraged investment vehicle.
🪙 Litecoin $LTC: Users are sharing opinions on its price stability compared to Bitcoin, making predictions for future changes, and expressing various market sentiments. The community is engaged with both bullish and bearish views, indicating a significant interest in Litecoin.
📺 Another milestone day for crypto, and traders aren't sure what to make of Bitcoin's slow climb to a new $94K all-time high. Our video looks at where Santiment data points to markets going next. Follow us on YouTube for plenty more!
Nov 19
📊 Bitcoin's new all-time high now sits at $94,002, and the commentary across social media could be described as luke-warm at best. The lack of euphoria is an encouraging sign, as FOMO typically leads to corrections. As long as there is retail trader disbelief, whales can continue pumping cryptocurrencies with little resistance.
Nov 18
🗣️ Today's top trending topics across social media are showing the majority of interest going toward Solana's impressive price run, and Microstrategy's continued massive Bitcoin purchases. Here are the breakdowns:
📈 The #4 market cap asset in crypto continues to rise against its peers, recently reaching an all-time high $0.0709 price ratio against Ethereum. Many traders are anticipating a potential breach of SOL's November, 2021 ATH of $257 before the end of the year.
💸 Michael Saylor and Microstrategy recently purchased approximately 51,780 more BTC for around $4.6 billion. This has generated considerable attention, highlighting Saylor's bullish stance on Bitcoin and influencing market discussions about large entities accumulating Bitcoin.
Nov 13
😹🐶 Meme coins have undoubtedly netted the best returns over the past week for traders with DOGE (+96%), PEPE (+97%), WIF (+67%), & BONK (+67%) leading the way.
Historically high speculative asset social dominance typically indicates greed and emotional trading. Be cautious while memes are the main cryptocurrency topic of interest across X, Reddit, Telegram, 4Chan, and BitcoinTalk.
📊 Bitcoin's 7 largest ETF's have combined for $8.21B, the largest day since the day BTC peaked at the March 14th then all-time high of $73.7K. This indicates massive polarity between buyers and sellers, and if history repeats, could signal the $93.4K level as a temporary top.
🥳 Bitcoin's incredible run has now topped out at a new all-time high price of $93,490. The hype across social media platforms is calling the tops very reliably, with the biggest signal came as $100K+ BTC price speculation poured in right at the ATH 4 hours ago.
Counter-trade the crowd with confidence while records are being broken right now. Historically, successful traders buy into crowd doubt if prices are causing retail to sell. And if the crowd floods social media with FOMO, this should be taken as a caution flag.
Follow the mention frequency of psychological support & resistance levels with this helpful Santiment chart.
Nov 11
🧐 Bitcoin's rise (now $87.1K) has been so rapid that traders are now speculating how quickly we see a $100K market value. Though this price was beyond comprehension just 2-3 months ago, the community has quickly changed its tune after a +70% surge since the August 5th crash.
📈 Now reaching an all-time high of $87.4K, Bitcoin is seeing a massive spike in profit taking transactions as traders attempt to sell at the top. Meanwhile, funding rates on Binance and Bitmex indicate aggressive margin and leverage longs looking to capitalize on further rises.