Bitcoin could have a near-death experience driven by FOMO
In this video I argue that there could be a limited price reversal on Bitcoin .
This is about people who missed out before the big pump, thinking or fearing that they don’t want to miss out the ‘next time around’.
So that lot pre-October 2017, are likely to jump in over the next few days or weeks. This is human nature.
Caution: I predict nothing! I’m doing something different. I’m looking at the psychology of markets and some reversal possibilities. But if price goes north it’s about following a reversal trend for as far as it will go.