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Instead of the FUD let’s have another look at FOMO
(including price predictions* 👀).
The chart below is not as intuitive, therefore this time a more detailed explanation as there are some very interesting insights: 🧵👇
#Bitcoin
(including price predictions* 👀).
The chart below is not as intuitive, therefore this time a more detailed explanation as there are some very interesting insights: 🧵👇
#Bitcoin
We are comparing each bull market by taking an aggregate of the days that we have been exploring/discovering new ATH’s aka the most bullish days of #bitcoin when FOMO is at peak levels.
Consolidation is left out since we are interested in measuring each cycle's FOMO strength.
Consolidation is left out since we are interested in measuring each cycle's FOMO strength.
By doing this we find a few very interesting observations:
The strength of each cycle stays remarkably consistent for the entire bull market! It follows a linear path with an uptick at the end.
We had no such uptick yet, a sign that the top is not in? 👀
The strength of each cycle stays remarkably consistent for the entire bull market! It follows a linear path with an uptick at the end.
We had no such uptick yet, a sign that the top is not in? 👀
