As the 40-year trading veteran Peter Brandt pointed out since Bitcoin broke above $10,000 the market entered a fear-of-missing-out (FOMO) phase that took it up to almost $14,000 within less than a week giving signs that a correction was underway. The "Obnoxious-Twitter-Millennial-Index" (OTMI) is registering extreme FOMO. That is always a sign to consider taking […]The post After the recent parabolic move, Bitcoin could be preparing to drop to $9600 appeared first on CryptoSlate.