And if youre feeling uneasy about the rally, given what happened two years ago, youre not alone.
Whats causing Bitcoins dramatic climb?
The consensus seems to be its all FOMO, or the fear of missing out.
Photo: Jonathan Raa/NurPhoto (Getty Images)
Weve been talking FOMO rally for a while now.
But others insist theres something else happening here.
Microstrategy currently holds roughly $10 billion of bitcoin, according toFortune magazine.
Well, almost nobody.
But that wont stop people from trying to time the market.
Thats why its called FOMO.
People see the rising price of bitcoin and want to get in because they want to make money.
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