FomoScope - Crypto FOMO Detection & Analysis

cointelegraph.com Mar 14, 2025 15:19

Watch these Bitcoin price levels as BTC retests key $84K resistance - Bitcoin (BTC) circled $83,000 at the March 14 Wall Street open as traders set out requirements to flip bullish.BTC/USD 1-hour chart. Source: Cointelegraph/TradingViewBTC price RSI teases key “bullish divergence”Data from Cointelegraph Markets Pro and TradingView showed BTC/USD gaining up to 5% on the day before consolidating.A characteristic lack of momentum at the start of the US trading session persisted, with risk assets still wary of macroeconomic and geopolitical surprises, notably in the form of US trade tariffs.Assessing the current status quo on the daily BTC/USD chart, popular trader and analyst Rekt Capital reported increasing odds of a bullish divergence playing out on the relative strength index (RSI) metric.Here, RSI should make higher lows as the price forms lower lows to indicate waning seller dominance.“Promising early-stage signs of a Bullish Divergence developing,” he wrote in one of the day’s posts on X.“Reclaiming the previous lows of $84k could set price up to further build out this Bull Div.”BTC/USD 1-day chart with RSI data. Source: Rekt Capital/XAnother post flagged a key horizontal resistance line currently under attack from bulls.“Bitcoin continues to Daily Close below the blue resistance. However, each rejection from this resistance appears to be weakening in terms of follow-through to the downside,” Rekt Capital commented.“If this weakening in the resistance persists... This should open up the opportunity for BTC to finally Daily Close above this $84k resistance, reclaim it as support, and finally trend continue to the upside.”BTC/USD 1-day chart with RSI data. Source: Rekt Capital/XKeith Alan, co-founder of trading resource Material Indicators, meanwhile focused on the 21-day and 200-day simple moving averages (SMAs). At the time of writing, these stood at $83,740 and $86,800, respectively.“BTC is poised to make another run at reclaiming the 200-Day MA, but it will only count if we get a sustained close above it, AND it is closely followed by an R/S Flip at the 21-Day MA,” an X post on the topic read.BTC/USD 1-day chart with 21, 200SMA. Source: Cointelegraph/TradingViewAlan referenced one of Material Indicators’ proprietary trading tools, calling for an increase in “bullish momentum.”“Notice how Trend Precognitions A1 Slope line is showing a developing momentum shift,” he commented alongside a corresponding chart. “Reverting from downward momentum is step 1. We need to see an increase in bullish momentum from here, with bids moving higher to stage a sustainable rally.”BTC/USD 1-day chart. Source: Keith Alan/XGold leaves Bitcoin in the dustElsewhere, the S&P 500 saw some welcome relief at the open after dropping 10% from its latest all-time highs to officially begin a technical correction.Related: Bitcoin panic selling costs new investors $100M in 6 weeks — ResearchMeanwhile, gold set new record highs of over $3,000 per ounce as investors sought shelter from turbulent macro conditions.As Cointelegraph reported, Bitcoin broke a key long-term trendline against gold as its relative underperformance in 2025 became all the more visible.XAU/USD 1-day chart. Source: Cointelegraph/TradingViewThis article does not contain investment advice or recommendations. Every investment and trading move involves risk, and readers should conduct their own research when making a decision.

FOMO: 85%

zycrypto.com Mar 14, 2025 15:46

Ripple SEC Deal Could Skyrocket XRP Price to $13 — Will Retail Traders be Priced Out? - As reports emerge that the SEC may soon settle its long-running dispute with Ripple Labs, the cryptocurrency world is filled with anticipation.

XRP

FOMO: 85%

cryptopolitan.com Mar 14, 2025 15:59

Bitcoin retakes $85,000 as stocks and crypto unexpectedly rally - Bitcoin has roared back to $85,000, clawing its way out of a brutal stretch that saw the OG crypto drop by 14% since this year started and sink by 23% below its January all-time high, according to data from CoinGecko. The rebound comes as stocks and crypto markets surge together, defying...

BTC

FOMO: 85%

cointelegraph.com Mar 14, 2025 16:21

Bolivia to use crypto to pay for energy imports — Report - Bolivia’s state-owned energy firm YPFB is planning to use cryptocurrency to pay for energy imports, according to a March 13 report from Reuters. The move comes as the South American nation faces a shortage of foreign currency reserves and a dwindling supply of domestic gas production.A spokesperson for YPFB said that a system had been put in place to use cryptocurrency to purchase energy imports after the government approved the use of digital assets to meet the country’s demand. While YPFB has not used the system yet, it plans to do so.The report does not reveal what cryptocurrency will be used for the payments. Stablecoins, which are digital assets pegged to fiat currency, are often used to make cross-border transactions, though it is unclear if that will be the case in Bolivia.The fuel shortage in Bolivia has led to protests and the threat of strikes among some of the nation’s workers, including farmers, who say the lack of fuel threatens their summer harvest. Only 35%–50% of the country’s public transport system is functional. Alejandro Gallardo, the energy and hydrocarbons minister, said there are challenges due to foreign currency shortages.The spokesperson for YPFB noted that the new purchasing system was designed to support national fuel subsidies in the country amid the shortage of foreign currency. “From now on, these (cryptocurrency) transactions will be carried out,” they said.Related: Vibe killers: Here are the countries that moved to outlaw crypto in the past yearCrypto adoption in Bolivia increasesIn June 2024, Bolivia’s central bank, Banco Central de Bolivia, lifted its ban on Bitcoin (BTC) and crypto payments, allowing financial institutions to transact with digital assets. The ban had been in place since 2014.In September 2024, Bolivia reported a 100% rise in virtual asset trading, with roughly $15.6 million worth of assets traded on a monthly basis between July and September. The $48.6 million traded was largely made up of stablecoins. Stablecoins are often used in developing countries whose local currency has experienced a high degree of devaluation or where there’s a shortage of foreign currency.Related: Stablecoins will see explosive growth in 2025 as world embraces asset classStablecoin use gained further momentum in Bolivia in October 2024 when local bank Banco Bisa introduced a stablecoin custody service. That service, which was supported by the country’s financial regulator, allows the nation’s residents to buy, sell and trade Tether’s USDt (USDT), a US dollar-pegged stablecoin.Cointelegraph wrote in September 2016 that Bolivia had much to gain from adopting cryptocurrencies. At that time, much of that country’s citizens were unbanked, with just 11% of residents using a debit card to make payments and only 5% using credit cards. However, the country continued upholding its ban until 2024, calling crypto a pyramid scheme in May 2017 and arresting crypto advocates.Magazine: Bitcoin payments are being undermined by centralized stablecoins

FOMO: 90%

thedefiant.io Mar 14, 2025 15:37

Tim Draper Predicts Bitcoin Will Reach $250,000 This Year as All Fiat Currencies Will Fall - Billionaire investor Tim Draper has reiterated his bullish stance on Bitcoin, predicting that the cryptocurrency will reach $250,000 by the end of 2025

BTC

FOMO: 85%

beincrypto.com Mar 14, 2025 16:00

Sonic (S) Surges to Multi-Day High, Bulls Eye Further Gains - Sonics S has emerged as the markets top gainer in the past 24 hours. Its price is up 15% in the past day as bullish momentum strengthens across the crypto market. With a broader market recovery underway, investor sentiment toward the altcoin is turning increasingly positive, hinting at an...

FOMO: 85%

crypto-economy.com Mar 14, 2025 16:36

Crypto Market Soars as Consumer Sentiment Plunges and Inflation Fears Hit 32-Year High - TL;DR Bitcoin and Ethereum lead the surge as inflation fears hit traditional markets, highlighting the value of cryptocurrencies as financial safe havens. Consumer confidence dropped to its lowest level in two years, while inflation fear reached its highest point in 32 years, driven by tariffs...

BTC

FOMO: 90%

cryptobriefing.com Mar 14, 2025 16:36

Rising stablecoin supply signals cryptos bull run isnt over yet - The total supply of stablecoin has reached $219 billion and continues to climb, suggesting the crypto bull run is still far from over, IntoTheBlock said in a Friday statement.Stablecoin growth indicates the crypto bull cycle is still in mid-runAccording to the crypto analytics firm, historical...

FOMO: 85%

www.coindesk.com Mar 14, 2025 16:49

Bitcoin Tops $84K, Battling Key Level for Bulls; SOL, LINK Lead Gains - The rebound in risk assets propelled BTC above its 200-day moving average, a key benchmark for the long-term trend.

FOMO: 85%

@BTC_Archive Mar 14, 2025 16:33

JUST IN: 🇧🇷 Brazil bill seeks to legalise the use of Bitcoin to pay salaries and benefits.

BTC

FOMO: 85%

thedefiant.io Mar 14, 2025 16:55

Bitcoin Rallies Above $84,000 as Crypto Market Rebounds - ETH and XRP gained 3%, while SOL surged 7%.

BTC

FOMO: 85%

ambcrypto.com Mar 14, 2025 17:00

LayerAI cryptos 81% surge – Heres whats driving LAIs price now! - LayerAIs surge has been driven by rising Open Interest, on-chain activity, and significant short liquidations.

LAI

FOMO: 85%

u.today Mar 14, 2025 16:50

Bitcoin Surges to $85K as Inflation Expectations Skyrocket - Are Bitcoin bulls back in the drivers seat?

BTC

FOMO: 90%

u.today Mar 14, 2025 17:04

BlackRock Resumes Bitcoin (BTC) Buying with Fresh $25 Million Check - Bitcoin price turns green as BlackRock resumes BTC purchases

BTC

FOMO: 90%

youtube.com Mar 14, 2025 17:00

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BTC

FOMO: 90%