BTC Crowd Flips From Extreme Pessimism to Ultra FOMO as Price Nears $80K

BTC Crowd Flips From Extreme Pessimism to Ultra FOMO as Price Nears $80K

Dark Mode Toggle Ball Crypto News Today Market Updates Margin Trading Guides Videos Price Analysis BTC Analysis ETH Analysis XRP Analysis Bitcoin For Beginners Interviews Editorials DeFi & NFT Buy Crypto Language Bulgarian Turkish Spanish © Copyright CryptoPotato Home » Crypto News Bitcoin’s social mood swung from one extreme to the other in roughly 72 hours this week, with on-chain analytics firm Santiment tracking a shift from deep fear to what it’s calling “ultra FOMO mode” between Monday and Thursday. The firm is now reading that crowd enthusiasm as a warning, not a green light. Monday looked rough. Bitcoin had just stalled near $76,000, negative commentary piled up on social platforms, and Santiment’s positive-negative sentiment ratio dropped sharply into FUD territory. The firm flagged that as a buy signal. By Thursday, April 23, Bitcoin had recovered above $78,000 and was knocking

Source: https://cryptopotato.com/btc-crowd-flips-from-extreme-pessimism-to-ultra-fomo-as-price-nears-80k/