Bitcoin: is FOMO preventing a natural correction?steemCreated with Sketch.

in #bitcoin7 years ago (edited)

"That which goes up..."
Credit to Mark Shepard:

My takeaway: everyone keeps talking about a pullback to $6k, or even $5k, but FOMO is out of control!:

  • tons of fresh money getting pumped in daily
  • new headlines everyday
  • new HIGHS seemingly everyday
  • everyone agrees the long term value is YUGE ($25k - $500k!!)
  • market confusion with so many forking forks (even the forks are forking!!)

If (WHEN) there is a correction, do you think there will be a catalyzing event, or would it just be everyone confirming the pullback we keep hearing about?
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good post ~!

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