FOMO is not going to hit the market at least until price reaches $9000 level again and that will depend on how it will get there. for example if it takes 3 months to go from current price to $9k levels there won't be any FOMO but if it is faster then we may see some newbies pouring in.
besides OP is contradicting himself because if a FOMO happens price won't go that high in 6 months. FOMO is never a stable rise and it can never be a big one either.
besides OP is contradicting himself because if a FOMO happens price won't go that high in 6 months. FOMO is never a stable rise and it can never be a big one either.
A question about "FOMO". If Bitcoin is on its new bottom on $6,000 - $8,000, and "FOMO" will not start until the build up in price is on $10,000 - $12,000, then where would you predict will Bitcoin take us during FOMO?
as the name suggests it is fear of "missing out". and people don't start their panic buys until it is too late and we are way past the bottom. meaning somewhere above $10k most probably. a sharp rise possibly to $15k is not unlikely.
it is like the opposite of panic sells where they sell too late when everyone else has sold and price is near bottom.
