The Inevitable ATH - Here Comes The FOMO Buyers...

I'm not sure it's so mind blowing for me, because it's something everyone should have expected. I'm sure the numbers are higher right now, because when I saw this update BTC was trading below its all time high of $64k but currently, it has hit a new ATH of $67k and damn it I can literally see the flash speed in those candles..

This was the official tweet from glassnode which I stumbled on hours ago. I had retired to my room when I decided to log into my Binance account and I decided this baby was doing it's thing again. From a couple of days now, the markets have shown off a very bullish dress up, I mean each day a couple of bears are eliminated, so whoever isn't noticing is probably going to miss out on an easy x2. So far, that's where we're heading, but if we're considering the lowest lows of BTC after it's previous ATH before now, then we've gone past x2 already.

The Inevitable ATH - Here Comes The FOMO Buyers...

There's a percentage buying pressure in the markets that's controlled by these sets of people. The ain't day traders nor investors, just those hunger gain watchers, the FOMO buyers. The thing about the bitcoin market specifically is that; it always has a way of outsmarting these players, or in other words, it has a way of leaving them with little or no profits, while giving the actual gains to the HODLERS.

However, the entire cryptocurrency market is gearing up and I kinda feel pity for the shit projects out there, because with this bullish atmosphere, underperforming coins will acquire huge dumps that will be pumped into other assets. Take a look at Ethereum, it's already hit $4k and litecoin is on its way to $200, for real this time.

^{Question now is; are you on the list of the gainers? Does the 99.7% include you? If not, will the next gainers list have you in it?}

This is money regenerating money, kinda the reverse of what the world has suffered in years.

Posted Using LeoFinance ^Beta