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    Home » Experts expect “real FOMO” on the crypto market when the price of BTC exceeds $ 10 000

    Experts expect “real FOMO” on the crypto market when the price of BTC exceeds $ 10 000

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    By BlockchainJournal on May 31, 2019 News
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    Adam Samson, chief editor FastFT in the Financial Times, recently published in the Twitter "schedule FOMO» by Fundstrat, assuming that we are approaching the 10th level Fomo market Bitcoins . Thomas Lee, co-founder of Fundstrat, confirmed that according to the “FOMO present” schedule will start when the BTC rate reaches $ 10,000.

    As can be seen from the graph, FOMO of the fifth level worked when the price of Bitcoin reached $ 8,350 dollars:

    Tom Lee claims that the goal of the chart is to show that the “real FOMO” begins when Bitcoin exceeds $ 10,000, as this price was observed only in 3% of all days.

    “FOMO”, it seems, when it comes to 3% of all days …

    … mathematically equivalent to exceeding $ BTC $ 4,500 in 2017

    Looking back, that triggered FOMO

    – Thomas Lee (@fundstrat) May 29, 2019

    Independent research company Black Moon Research joined the discussion. They predict that retail investors "will start buying more at $ 10,000," and will continue to do so up to $ 50,000. Then Bitcoin expects a fall of up to $ 10,000, after which everyone will again start talking about his "death."

    Retail bag holders from 20k 10k. Buy all the way up to 50k. Then, we'll drop 90% to 10k and Bitcoin will be “dead” & a “scam” again.

    Top indicator for that is, until the average person understands what bitcoin is, we have room to grow

    – Black Moon Research ? (@BlackMoonRes) May 29, 2019

    Publication date 05/31/2019
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