Bitcoin has two ways to take people’s money:
1: through greed. Volatility to the upside and downside leads to liquidations or emotional buy / sell which lead to losses
2: opportunity cost. The price just keeps increasing and people waiting on the sidelines lose by not getting in!
The second one is happing right now! Once we break 100 it may not get people in who wait for this one last retracement.
You snooze, you lose!
