Bitcoin Returns Under $117,000: Is Social Media FOMO To Blame?
Data shows Bitcoin’s retrace below the $117,000 level came right after a major spike in social media chatter, often a contrarian signal. Bitcoin Social Dominance Saw A Huge Spike As BTC Crossed $123,000 In a new Social Dominance,” which tells us about the share of social media discussions related to the top 100 cryptocurrencies that…