As per CryptoWhale:
https://twitter.com/CryptoWhale/status/1327049480483508225
Really ironic and comedy to most, but this is the reality. At $3800, people are still not buying and looking for more dip, and majority are shouting that it is the end of bitcoin.
Fast track to November, the opportunity to scoop cheap bitcoin is no longer present, and yet everyone wanted to join the bandwagon and extremely bullish to even predict a six digits as the next all time high.
I guess it's not totally their fault, during March when the pandemic started and crashed the financial market, everyone was panic selling their bitcoin, cause they needed the cash at the moment, they were busy stucking food stuffs since lockdown was going to commence, and also covid-19 looked more deadly in the early stages when the doctors had to clue about it,so only the people who had extra cash bought bitcoin at that cheap price $3800, people buying bitcoin at the top is just fomo, since it's a bull run they just want to be a part of it, there's always those people who fomo during bull runs we saw that in 2017, same thing goes for this year. https://twitter.com/CryptoWhale/status/1327049480483508225
Really ironic and comedy to most, but this is the reality. At $3800, people are still not buying and looking for more dip, and majority are shouting that it is the end of bitcoin.
Fast track to November, the opportunity to scoop cheap bitcoin is no longer present, and yet everyone wanted to join the bandwagon and extremely bullish to even predict a six digits as the next all time high.