Bitcoin Price Rally Likely Due to Bullish Sentiments Than “FOMO” Belief

Bitcoin price rally has cemented beliefs about the mainstream acceptance of digital assets. Previously, many termed the rally to be a result of investors trying to stay away from the fear of missing out. However, Goldman Sachs’s head of asset allocation research says that the rally in Bitcoin prices is largely due to bullish sentiments and a macro backdrop rather than a pure FOMO play.