The Currency Analytics
By Dan Saada
A Mass FOMO is expected if Bitcoin would touch $10,000. The Bitcoin bull has not started even barely.
Tom Lee stated that according to Fundstrat’s “Degree of FOMO” scale, the Bitcoin market is currently experiencing a “Level 5” FOMO.
Investors have not yet experienced a full-blown FOMO with a reading “Level of 10.” While it is not clear about the parameters considered in making this decision, it is…
When Bitcoin touches upon "Level 10," it is expected the FOMO will grace the market. The sooner the level is reached, it is likely to influence people who talked of Bitcoin…
It is expected for hell to break loose when the market breaches the $10,000 level. A "fast and furious" move to $20,000 is as well planned.
While 40,000 seems a long mile away, it is expected for the block reduction to provide for a fair valuation of $55,000.
Bitcoin has an SF ratio or 25, thereby providing for an inflation rate of 4%. The sooner the halving comes into place, the proportion of Bitcoin is expected to improve to…
There has been a decent linear relationship between SF and a market valuation about an asset on the ground of plan A; plan B states that Bitcoin will be valued at $1 trillion…
The idea of $55,000 appears irrational for the most part; Plan B has to state that the money from gold, silver, and several other negative interest rate economies will help…
The current projection is like wild speculation; however, the idea of $40,000 will be just the tip of the iceberg.