Bitcoin Price Loses Bullish Edge as FOMO Rally Runs Outta Steam

2019-6-7 10:07

By CCN: The Fear of Missing Out (FOMO) that recently drove bitcoin’s price above $9,000 has run out of gas, according to a new report published by crypto analytics firm SFOX. While the BTC price was on a steady incline since the beginning of April when bitcoin traded for $4,100, the coin has hit a ‘tipping point’ in overall sentiment.

Bitcoin Rally Driven by FOMO SFOX relies upon price momentum, market sentiment, and industry advancement for its price outlook. In May, BTC registered a ‘mildly bullish’ rating but has since been downgraded to ‘uncertain. ’ FOMO has clouded overall crypto sentiment and

The post Bitcoin Price Loses Bullish Edge as FOMO Rally Runs Outta Steam appeared first on CCN

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price fomo bitcoin sentiment rally bullish sfox

Источник: ccn.com

price fomo → Результатов: 64


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2019-5-29 16:42


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The early-April Bitcoin price rally that transformed into a mini-parabola, was fueled by a powerful short squeeze and was strategically orchestrated by a single actor. The powerful move did indeed incite much FOMO and bullish sentiment throughout the market, but such a rise in value over such a short period of time rarely feels organic.

2019-5-18 23:00


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2019-5-18 23:00


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2019-5-14 03:01


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2019-5-5 18:43


Фото:

V. Shankar of Gateway: “Bitcoin Has Finally Proven It’s not a Viable Investment”

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Blockchain Research Institute’s Alex Tapscott: Bitcoin’s Price was Artificial, Healthy Correction Happening

While a lot of casual spectators have been saying that the recent market crash happened due to a number of crypto whales selling of their altcoin holdings, Alex Tapscott, co-founder of the Blockchain Research Institute, believes that the recent crash (which has created a lot of FOMO and FUD in the market) was caused due […]

2018-11-28 20:03


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2018-11-20 12:58


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The digital asset markets are notoriously volatile and prone to actions spurred by the herd instinct, FUD (fear/uncertainty/doubt), and FOMO (fear of missing out) phenomena.  Sharp price movements can be triggered by news, gossip, or speculation, which is why both professional and novice traders desperately need a reliable source of information to offer them a […] The post Crypto News Aggregator Cryptopys Comes to Rescue Crypto Traders from Information Overload appeared first on ZyCrypto.

2018-10-22 20:35


XRP Crashes 40% From September High

This year has been a strange one for XRP (and digital currency in general!), the token has seen fluctuation after fluctuation and the price has never stayed in one area for a long period of time. The token, owned and designed by Ripple, has recently seen a change in price over the past month and even a time when we thought that the bad times were essentially over but now it has crashed down by over 40% from its high in September of $0.

2018-10-11 12:30


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