Bitcoin has finally reached its ATH once again, what next should be the question we should be asking ourselves? Is it a great direction to $150k or just another way to create FOMO and made some future guys get wipe out?
In all these high emotions, make sure you do a good research and keep checking news before jumping on a trade. DYOR will always be great!!
FOMO may be present now but it’s still not that much to make the market looks to be in such state yet. The market is just transgressing on what the best part of it will be at the moment and trying to achieve what it is set out for this bull cycle which is actually what we see happening now. The consolidation has far more been taken time, so it’s time for the market to set out and achieve its goal for this bull cycle season.
$150K will also become history soon if the market continues to transgress in this manner because this momentum the market used to achieve a new all time high is very strong and one cannot dispute that. We are already on $118K now and the market is looking like it’s creating another resistance level there and with the way the market keeps coming back to touch that zone, a break out there will get us to $119K and subsequently $120K.