🗣️ $JTO and its new airdrop has been atop our trending tokens list, according to data on #X, #Reddit, #Telegram, & #4Chan. Additionally, #Bitcoin is seeing a variety of discussions about its future, and several other assets are seeing #FOMO due to pumps.
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😱 Traders are fearful that #crypto markets may be in a #bulltrap at the moment. But while #Bitcoin may have stopped its momentum for the time being, #Ethereum and #altcoins are blasting off once again. #FUD could propel $BTC to $50K if it increases.
📊 #Crypto markets historically move in the direction of the crowd's least expectation. Prices certainly are capable of continuing to rise, but probabilities point to this not happening until the #FOMO calms down.
🐳 #Bitcoin's climb has continued, reaching $44K just 2 hours ago. The amount of existing 100+ $BTC wallets have correlated tightly with this price climb. Since a big drop-off on November 9th, 48 of these whale wallets have returned in the past 4 weeks.
💸 The euphoria surrounding #Bitcoin crossing $40K over the weekend (and $42K today) continues trending across #crypto platforms. And with major 2023 gains for most traders, we see rising discussions related to taxes with less than 4 weeks left in 2023.
📊 #Bitcoin's #RSI, a highly reputable technical indicator just added to @santimentfeed, measures the speed & magnitude of price changes. After reaching $42K today, $BTC may need a brief cooldown. If RSI stays below 65, $50K quickly becomes more realistic.
#Bitcoin has risen back above $40K for the first time since April 28, 2022, as the weekend is coming to a close in celebratory fashion. #FUD & #FOMO toward the ongoing #ETF confirmation dates will dictate whether $50K arrives sooner rather than later.
We catch up with @Minted_Max to talk about the positive news of the Fed keeping interest rates level for the rest of 2023. What is the impact on the Crypto Market?
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As #JeromePowell announced #Fed interest rates will be staying put for now, #Bitcoin📷 nearly scraped $39K. As a bonus, attention has increasingly been on $BTC instead of #altcoins, representing enough fear typically needed for prices to continue rising.