Lots of people who bought below $6k; at $8k that's 'only' 33% up, but at $7.9 it's even less and at $7.8 it's even less ... and what about those people who did buy below $4k? not too many, hence the intense fomo, but still ... from $4k to $8k ... that's 100% gains, but at $7.9 it's a little bit less and at $7.8 it's even less ... people are selling ... just a little bit, you know, risk management and all ... but they're selling, just a little bit and then a little bit more and before you know it ... boom!
in no time we're back to $5k and probably beyond ...
in no time we're back to $5k and probably beyond ...
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.