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RE: Where has the FOMO gone?

in LeoFinance3 years ago

I think it's absolutely normal to have a conservative mood base in historic data but look we are actually in a pretty different scenario , the six figures in Btc is something big institutions are looking for, the Etf's are getting started and in the stock to flow model we should be right now at 110k, that is gonna probably be sooner than later but I don't really think Btc will create higher highs after these situation, maybe retail investors could fomo in and take Btc to 135k or even a little bit higher but it's not what whales are looking for, I think these thoughts about getting those extremely high prices in BTC (I even heard about 200-300k that could absolutely break stock markets and I don't really think we are gonna see until next halving season, maybe by 2023-2024). I even think TA is not gonna take a fundamental role as we cross ATH and find a blue sky

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