Bitcoin hits $50,000 as the euphoria continues
Bitcoin touches $50,000 for the first time
And finally, here we are. As more and more institutional offerings start to become more accepting of Bitcoin, it may be tough to call a top on this and to say where this rally might run out of steam.
The BofA February fund manager survey also revealed that long Bitcoin was the second-most crowded trade (after long tech stocks) among investors at this point in time.
If anything, it highlights how much FOMO and risk-taking is at play in the market right now and nobody wants to be the one staying on the sidelines and missing all the fun.
