Tag Archives: Bitcoin Social Dominance

Bitcoin Social Dominance Hits 4-Month High: What It Means

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Data shows the Bitcoin Social Dominance has spiked to a 4-month high, something that has tended to be a reversal signal for the market. Social Media Is Shifting Attention To Bitcoin According to data from analytics firm Social Dominance,” which measures the percentage of cryptocurrency-related discussions on social media that a given asset accounts for.… Continue reading Bitcoin Social Dominance Hits 4-Month High: What It Means→

Bitcoin Returns Under $117,000: Is Social Media FOMO To Blame?

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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… Continue reading Bitcoin Returns Under $117,000: Is Social Media FOMO To Blame?→