The FOMO Is Back: Why Bitcoin’s Latest Rally Has Analysts Flashing Warning Signs

The social sentiment surrounding Bitcoin (BTC) has swung to its most bullish level in four months as the asset surged past the $80,000 mark earlier in the week. This is according to data shared by Santiment on May 7, with the shift reflecting a market that has quickly moved from fear to optimism after weeks where BTC’s price was weighed down by macro uncertainty and crypto-related security concerns. Traders Tur…