Bitcoin’s surge past $65,000 has ignited FOMO in the altcoin market, according to a crypto analyst.
The chances of a bully rally in the highly anticipated fourth quarter are strong following Bitcoin’s (BTC) return above the $65,000 price level, according to a crypto analyst.
“The likelihood of a Q4 rally is exceptionally high, with gains likely front-loaded,” 10x Research head of research Markus Thielen stated in a Sept. 27 report viewed by Cointelegraph.
Thielen opined that Bitcoin’s breakout above $65,000 has “fueled” FOMO returning to the altcoin market. “A major surge could be on the horizon, sparking even more FOMO across the crypto space,” Thielen added.
