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Beware of FOMO: Bitcoin's Rollercoaster Ride & Bullish Prospects

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BINANCE:BTCUSDT   Bitcoin / TetherUS
Today, Bitcoin experienced a sudden pump, driven by fake news published by Cointelegraph, only to return to its normal price range, surpassing the 30k barrier in the process. 🚀 This led to a frenzy of FOMO-driven buying and, unfortunately, resulted in approximately $100 million in liquidation losses within just an hour. 😬

This serves as a valuable lesson for everyone—never succumb to FOMO and always remember to 'trust but verify.' 🕵️‍♂️

Despite the price returning to its usual range, the overall market sentiment remains decidedly bullish. 🐂 The eagerly anticipated ETF confirmation is poised to further fuel Bitcoin's upward trajectory, marking the missing piece for the 2023-24 bull run. 📈

I anticipate this month will conclude with a significant positive price increase, possibly even surpassing the 30k mark. 📅

Regardless of the ETF's approval status, a crypto bull run is on the horizon. If the ETF faces rejection, we may witness a minor price correction, but it won't derail the bull run. 📉

Stay tuned for more updates. Feel free to like, comment, and follow us! 📣

Cheers, 🥂
GreenCrypto

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