If Bitcoin hits $100,000, do you think that will trigger a mass sell off in the short term or a sudden pump due to FOMO?

Share:

I can understand either side, $100,000 is a pretty substantial price title to claim. Lots of people online seem to agree that at those levels severe market FOMO could boost even higher at that point, but fear could also play a role too. We’ve seen how being too far extended in the past can lead to an ugly correction, for me I think it’ll depend on the path to $100,000. A slow and steady rise to it probably will lead to a big pump, while if we were to immediately go to $100,000 next month will probably be a little more scary. What do you think?

submitted by /u/Dazzling_Lime2021
[link] [comments]