Yesterday, Bitcoin (BTC) and its parabolic run had people all over the crypto market shocked and excited as the most important coin in the market was able to smash psychological levels with ease.
NewsBTC says that there’s definitely FOMO in the air as the investors who have been waiting to buy BTC at lower prices (lower than $3,150) are not realizing that they missed the chance and they’re stuck buying the coin at higher prices.
The online magazine writes that at the important psychological level of $10k, the FOMO will spread into the public.
The online publication says that as the market realizes that the bulls may be back, there’s a strong sense of FOMO that has been spreading across the crypto space.
“But what has been seen so far will pale in comparison to a break of $10,000, which some believe is the important psychological price point that’ll cause the rest of the world outside of the crypto market to take notice of the leading cryptocurrency by market cap once again,” according to NewsBTC.
Fundstrat co-founder Tom Lee also believes that $10k is the price that triggers the FOMO from those who laughed at the BTC 90% crash and called the crypto dead forever.
At what price will see FOMO from those who gloated about 90% crash in $BTC?
Military term, SWAG (scientific wild-assed guess).
My SWAG is $10,000 is price that causes FOMO from those who saw #bitcoin as dead forever.