The Fundstrat Global Advisors is absolutely bullish on bitcoin suggesting that the Fear Of Missing Out (FOMO) is quickly materializing in the cryptocurrency markets.
According to Tom Lee the Bitcoin market is currently experiencing a level 5 FOMO based on the Fundstrat’s Degree of FOMO scale.
Fundstrat also notes that investors is yet to experience a full blown which according to the firm is a level 10.
It was also revealed that once Bitcoin reaches $10,000 level 10 FOMO will grace the bitcoin market and could possibly shoot higher than its previous all-time-high if history repeats itself.
Analysts at Fundstrat is not the only one that is predicting major FOMO at $10,000 levels, the Chief Financial Officer at Binance Wei Zhou Lee explained that once $10,000 is breached all hell will break loose for the cryptocurrency market.
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Headlines for the world of Cryptocurrencies - June 09, 2019
- Binance And Coinbase Dominates Crypto Space
- Samourai Wallet And Nodl Teaming Up For LN With Mixing Features
- A Federal State In Russia To Launch Blockchain Platform For Tourism
- Ukraine Bullish On Blockchain And Cryptocurrencies
- Facebook’s GlobalCoin Interest Yielding?
Headlines for the world of Cryptocurrencies - June 08, 2019
- Walmart In-Home Delivery Service Soon
- Coinbase Seeing 14-Month High On Trading Volume
- Company Behind Budweiser Invests On Blockchain Startup
- Trust Wallet App Now Supports Ravencoin (RVN)
- Bitcoin Overtakes Previous ATH In Argentina Peso
Headlines for the world of Cryptocurrencies - June 07, 2019
- Prospective Node Operator Of Facebook’s GlobalCoin Node Needs $10 Million Per License
- Facebook Will Spell Trouble For Ripple
- Republic of San Marino Now Offers Some Regulatory Clarity To Cryptocurrencies
- Kodak To Use Blockchain To Offer Secured Storage
- CME Sees May 2019 As Their Best Month For Bitcoin Futures Since 2017
