Bitcoin FOMO Hasn’t Spiked Yet: Green Signal For Rally To Continue?
Summary
Social media data indicates that there is no significant fear of missing out (FOMO) around Bitcoin despite its recent rally. The "Social Volume" metric, which tracks the amount of discussion on social media platforms, has not shown a notable increase in posts related to Bitcoin. Historically, a surge in FOMO has often led to top formations for Bitcoin, but the lack of such FOMO currently suggests the potential for the rally to continue. Despite a pullback in its price, Bitcoin has seen a 74% rise in the past four months.
