The crypto market may see FOMO enter the market if Bitcoin suddenly creeps toward the $92,000 price level, according to a crypto analyst.
Sentiment among crypto market participants on social media has started the year strong, according to a Santiment analyst, who warned that further market upside depends on retail investors staying level-headed.
“We need retail to continue to be a bit cautious, a bit pessimistic, a bit impatient,” Santiment analyst Brian Quinlivan said in a video published to YouTube on Saturday.
Despite other crypto sentiment indicators showing fear among market participants, Quinlivan said Santiment’s social media data points the other way.
