Bitcoin FOMO Cooling Off After Trump Euphoria Blasted Bitcoin to New $75K All-Time High!
🧐 The trader euphoria toward crypto appears to have peaked during the late US hours when traders recognized the likely outcome of Trump being elected as the 47th US president.
For now, the FOMO has settled down mildly after Bitcoin topped at $75K approximately 15 hours ago. There are signs that traders are fearing that this was the highest BTC will go for the time being, which INCREASES the chances of prices going even higher. But this speculative driven bull rally will only go as far as the community's doubts.
If you are long right now, you should be rooting for crypto FUD to be dominating your timeline, and other retail traders heavily taking profit.
Thanks for reading!
If you enjoyed this insight please leave a like, join discussion in the comments and share it with your friends!
Never miss a post from brianq!
Get 'early bird' alerts for new insights from this author
Conversations (0)