Rumors circulate on Twitter about an imminent jump in bitcoin

The user @Excellion (Samson Mow) posted an optimistic statement on Twitter regarding the near future of the #1 cryptocurrency. Mow expects the BTC to grow rapidly, which is why he even shared a message from another popular account with the same opinion.

«Most of you who go into the [або стейблкоїни] cache will miss the bottom of bitcoin (which may have been passed in June) and end up buying at a higher price. The average price will probably be higher than we have now — just watch. At first, you will be overcome by greed, and then the feeling of FOMO will come,» the authors of @w_s_bitcoin are sure.

Fear of Missing Out (FoMO) is probably a familiar condition when you feel like your life is worse than others', and all the most interesting things are happening anywhere but with you. This is largely due to the fact that people on social media share mostly the positive aspects of their lives, which creates an impression of «perfection» that can potentially cause envy.

So what about bitcoin? A bullish inverted head and shoulders pattern has formed on the chart of the BTC/USDT pair. Whether this pattern will play out or not will depend on whether the bulls can push the price of BTC above the resistance line at $ 19,600.