Return of FOMO feelings and fear of missing out: Bitcoin faces pivotal moments!
After a period of anticipation and caution due to uncertainty in the macroeconomic landscape, the recent movement in Bitcoin's price has revitalized the market, sparking a new discussion about the potential trajectory of the currency in the upcoming phase.
Data indicates the convergence of several factors such as:
Increased interest from retail traders alongside the continued accumulation by major whales, reflecting the likelihood of the market entering a significant turning point.
After Bitcoin briefly surpassed the $94,200 barrier, data from 'Santiment' showed a new wave of fear of missing out (FOMO) among individual traders, a notable shift from previous weeks that were characterized by mass exit from the market due to uncertainty.
This rapid return of individual investors suggests a clear change in overall sentiment, a phenomenon that often precedes the recording of new price peaks.
In this context, expectations have risen regarding the currency's movement toward the $100,000 level, supported by data from market analysis platforms.
Conversely, it appears that this recent momentum is backed by more solid factors, as major holders, including whales and sharks, recorded significant increases in their holdings.
According to a separate analysis by 'Santiment', the period from April 21 to 25 saw an 11% increase in price