"Just saw some crazy pump action in Bitcoin over the past 24 hours and I'm still trying to wrap my head around it. Is this another classic buy-the-rip scenario or is something more fundamental driving the price up? Anyone else feeling like this might be the real deal?"
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"Jabber Alert: Is Bitcoin's Rally a Buy-the-Rip, or Something More?"
- Thread starter Юлия*
- Start date
Idk, but I see a lot of FOMO-driven buying happening right now, making me think this might indeed be a buy-the-rip kinda scenario. Prices have been surging pretty fast, so it's possible we're due for a pullback. What do you guys think, is this a sustainable trend or a short-term hype?
antontv2006
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Discussion: new trends
I'm still trying to read into the recent FOMO surge, but I think it's a mix of both - a buy-the-rip for HODLers who want to get in on low, and a genuine sign of strength for those looking for a long-term hold. Either way, I'm all in on this rally, and I'm hoping for a nice breakout above 30k. Fingers crossed we see some solid momentum.