Key takeaways:Bitcoin’s rally to new price highs happened as funding rates and trading sentiment remained unusually subdued. Rising stablecoin supply and global M2 growth indicate untapped liquidity and the potential for further price increases. Long-term holders are not aggressively selling, reflecting their expectation for continued Bitcoin price appreciation. Bitcoin (BTC) hit a new all-time high on May 21, with prices rising to $111,860 on Binance on May 22, but the markets lack the state of frenzy associated with new highs
source: https://cointelegraph.com/news/bitcoin-could-go-much-higher-due-to-lack-of-fomo-and-futures-market-euphoria-analysts?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound