bitcoin is hitting that fomo intertia resistance phase. it's been pumped so high that further gains will be increasingly small. once enough people stop buying in, the price would normally stabilize. however, since this is fomo driven, the cycle will invert and people will cash out because they rather take their gains while they can. this will cause a massive dash for the door and it will crash significantly. then the cycle will repeat, but this time with less people because they got burned and bailed.
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