Bitcoin price has dropped to $68,091.34 after setting the ATH value of $73,750.07 on the 14th of March. After years of struggling in the bearish zone, it has achieved a deserving price. In 2022, there was a time when Bitcoin hit as low as $15,885, and many experienced investors took that as an opportunity to buy at low and sell at high, which is going on right now.
Many addresses are still buying more BTC when the price is this high. This has shocked the community on what they are missing. So what’s happening? Let’s discuss that.
Bitcoin FOMO: 500K Addresses Bought Bitcoin Near ATH
According to the IntoTheBlock data, more than 533,330 addresses got involved in Bitcoin FOMO (Fear of Missing Out), where they bought Bitcoin between the $70,180 to $71,340 price range.
IntoTheBlock is a market intelligence platform that analyses the on-chan data to provide the average acquisition price for any wallet address.
In an X post, an investor, who goes by the name Ali shared the data of Bitcoin
We współpracy z: https://coingape.com/trending/bitcoin-fomo-people-are-buying-bitcoin-beyond-70-k-price/
