BTCers don't know that FOMO bull-runs must result in a pric…
BTCers don't know that FOMO bull-runs must result in a price crash. The price shoots up & stops due to failure of new BTC getting to the exchanges because of on-chain congestion. Then traders see that buying has stalled and race to sell top/stop loss.
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The stall is due to artificially constrained supply so the price shoots up far more than it should. The price shoots up so high that the exchanges literally run out of fools willing to pay such a high price. Then comes the race to the bottom.