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Do repost and rate:
Strong FOMO is hitting me today, but lets have a look at the other market (S&P 500)
The chance that markets will rally through after this is there, if the FED keeps printing money and no tapering is coming throughout this year.
Tapering would take upwards momentum out of the stock market and crypto has to withstand this overall selling pressure.
From the charts, it looks like crypto was lifted by the strong momentum in the stock market and not through euphoria toward crypto.
That's a risk that we have to keep in mind.
Tapering by the FED is not the only risk. There is weakness coming from China.
I don't not want to spread FUD, I just want to share the reasons why I am not euphoric right now.
*Stay save/reasonable.
