Bitcoin’s Big Players Are Accumulating — Is $80K Just The Start?
Crypto market sentiment shifted from “extreme pessimism” to “ultra FOMO mode”🐟🦐 Less Than… pic.twitter.com/ViffTAQg4Q
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Santiment says a move above $80,000 would carry weight in pulling more traders back into the market. But the firm also cautioned that the breakout would carry more meaning if it happens after optimism cools slightly.
A surge built on peak excitement, reports indicate, tends to be less stable than one that forms more gradually.
Bitcoin is up 2% over the past week, based on Coingecko data.
Featured image from MetaAI, chart from TradingView
