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Crypto veteran Bobby Lee says Bitcoin (BTC) is overdue for a massive FOMO (fear-of-missing-out) rally this market cycle.
“I’m very bullish on Bitcoin, especially for an end-of-year rally, a FOMO rally this year. So I expect Bitcoin prices to break out again in the next few weeks and months.
I think it’ll easily go over $100,000 and then depending on how sharp the rally is, it’s also likely to even touch $200,000 or even go above that.
Going above $200,000 is a huge milestone, so there’ll be a lot of media coverage and that’s what leads to what they call a fear-of-missing-out rally… I think that a FOMO rally for Bitcoin has been due for a long time now.”
In other trending Bitcoin News today: Missouri Mayor has funded project to give $1,000 in Bitcoin to every household.
Missouri Mayor Jayson Stewart plans to give every household in Cool Valley $1000 worth of Bitcoin. Cool Valley, Missouri, a small town in the St. Louis County area, has about 1,500 residents.
Stewart told Bitcoin Magazine, “Bitcoin is fundamentally American. It is the most American thing. Our government is built on freedom and personal liberty, and rights and self-sovereignty, and all of the things that Bitcoin really is. I think it’s a natural marriage that Bitcoin in America will thrive.”
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DISCLAIMER: This is NOT financial advice. The views and opinions expressed in this video are just opinions, nothing more. Trading is very risky, especially when trading with leverage. Seek financial advice from a professional and trade at your own risk because I am not responsible for any investment decisions that you choose to make.
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