What does everyone think? Are we in a long consolidation or are we slowly being bled out by institutions and whales? Seems the hype from retail has pretty much disappeared. People who used their stimulus to get into crypto are short funds to keep the momentum going. Not spreading FUD. I’ve seen the $100k Bitcoin predictions by EOY 2021 and I’ve seen Bitcoin going down to $8-9k predictions too.
Genuinely curious what people’s thoughts are. What starts this back up? What creates the FOMO hype again?
Edit: this is purely an interesting discussion thread. No reason to vote it down. Lots of great viewpoints if you read it all. Thanks for all your opinions. Wishing everyone an abundance of crypto wealth.
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