Fear the Crowd's Greed as They Shift Into 'Lambo Mode'
π₯³ Bitcoin's latest rise, now bringing its market value above $66K, has traders pumped. Although altcoins are the ones reflecting the biggest pumps this week, p
Geen financieel advies. DYOR.
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π₯³ Bitcoin's latest rise, now bringing its market value above $66K, has traders pumped. Although altcoins are the ones reflecting the biggest pumps this week, profit redistributions from BTC's past 3 weeks of rises are the primary reason.
Expect some testing of bulls' patience as sentiment has crossed into high FOMO (greedy) levels. This typically coincides with upcoming local tops. They may happen today, this weekend, or in the upcoming weeks, depending on how whales behave at these levels.
That said, don't expect to be able to rebuy at 60K without world economies beginning to show red flags of their own.
Not financial advice. DYOR.
