Legendary analyst warns of fomo!!!
Crypto Capo: These Reasons Will Bring a Fall in Bitcoin (BTC) and Altcoins in December!
Crypto Capo, who listed some reasons for these declines, mainly shared the following information in his latest crypto analysis:
“When you see prices rising, people enthusiastically sharing their profits, positive news spreading in the market, and random altcoins gaining crazy value, it is normal to feel like you are left behind. However, making decisions due to FOMO (fear of missing out) can lead to big mistakes. Everything looks clearer in hindsight. The truth is, if you did not enter the market a few days ago, doing so now can be very risky. It is true that you need to take risks to make money, but it is important that these risks are logical and calculated, and that you act with reason, not with emotions. Just as we have seen how the market has risen rapidly in recent days, we should not forget that it may fall just as quickly in the coming days. There could be several reasons for this: Overly optimistic market sentiment Liquidity gaps below Testing of important resistance levels Intense selling pressure entering the market Individual investors buying while whales are selling Geopolitical tensions Therefore, despite your natural instincts, think logically and do not ignore the signals. There is a high probability that we will see a strong correction in December”
Do not chase the fly and the runaway. If Bitcoin cannot break the $100,000 resistance, huge declines in altcoins are inevitable. The bull will start when no one expects it. If fake and advertising phenomena say the bull has started, the collapse is inevitable. This bull will be a completely different bull.
