🥳 #Bitcoin has established yet another new #AllTimeHigh today, reaching a market value as high as $70,199 on #Coinbase. Despite the incredible milestone for #cryptocurrency, there is a combined sense of exhaustion and #altcoin distraction coming from the trading community right now.

The percentage of discussions related to $BTC vs. other assets is at a fairly healthy 27.5% right now, but not nearly at the euphoric levels shown when $60K was being eclipsed just 9 days ago... and this is a GOOD thing. #FOMO and greed are typically top signals.

Additionally, the Mean Dollar Invested Age metric indicates that previously dormant coins are continuing to move back into circulation at a rapid pace. This is one of the common factors in nearly every #bullmarket. Until crowd euphoria and coin stagnancy take hold on the Bitcoin network once again, market caps have a path to continue climbing.

Track this chart to see when these circumstances change: https://app.santiment.net/s/E8ugbl7Y?utm_source=twitter&utm_medium=post&utm_campaign=twitter_btc_mean_dollar_age_social_dominance_b_030824/&fpr=twitter

Grab a free trial here to Sanbase PRO and enjoy all of these metrics to see what others in #cryptocurrency can't: https://app.santiment.net/pricing?utm_source=twitter&utm_medium=post&utm_campaign=twitter_pricing_btc_mean_dollar_age_social_dominance_b_030824/&fpr=twitter