$MicroStrategy(MSTR)$ The relentless FOMO (Fear of Missing Out) from major institutions, ETFs, multinational corporations, and even countries is palpable. While some predict that this FOMO will fade and a correction in Bitcoin (BTC) is imminent, I believe that's typical in most markets. When large investors, or "whales," decide to offload their BTC, it creates an opportunity for others to buy at lower prices. Conversely, when these whales want to re-enter the market, they will have to purchase at higher rates, which can significantly drive up the price.
Once Bitcoin reaches the $100,000 mark, which many expect will happen sooner rather than later, the FOMO effect is likely to intensify even further. As more investors rush in, fearing they'll miss out on potential gains, demand could soar, exacerbating price increases. With only about 450 BTC mined each day, this limited supply combined with heightened demand could lead to significant price movements, reinforcing the bullish sentiment around Bitcoin.
End of all these, people or companies holding the most BTCs will reap the benefits..
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Comments
Still holding or not bro?