## Increased Bitcoin Buying Activity in April On-chain analytics firm Glassnode reports a significant increase in Bitcoin (BTC) buying activity throughout April. Their analysis, shared via X, indicates strong momentum among Bitcoin holders. ## Holder RSI Suggests FOMO The Relative Strength Index (RSI) for various Bitcoin holder cohorts consistently remained above 50 during April. Notably, it peaked at 100 last week and currently sits around 80. This suggests a growing Fear Of Missing Out (FOMO) among investors, driving new capital into the Bitcoin market despite its relatively high price. This sustained buying pressure could indicate a bullish trend for Bitcoin in the near future, with new investors entering the market. ```