Analysis: Buyer activity for first-time Bitcoin purchases in April is strong, and market FOMO sentiment is still on the rise.

PANews, April 23 - On-chain analysis company Glassnode published an analysis on platform X stating that its Bitcoin supply chart shows strong seller activity from first-time Bitcoin buyers in April: the relative strength index (RSI) has remained above 50 throughout the month and reached 100 last week, still maintaining a high level of 80 today. This indicates that even as prices rise, the fear of missing out (FOMO) sentiment in the market continues to rise, with new funds flowing in.

BTC0.9%
FOMO11.04%
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