When Robinhood FOMO? Bitcoin Price Pulling a ‘Kodak’ Means Six Figures
Retail traders on Robinhood have been increasingly seeing “fear of missing out” or FOMO rallies around certain stocks. The latest beneficiary has been the stock price of the renowned camera manufacturer Kodak (KODK) whose stock surged from $2 to $60 in one day.
Therefore, given the current climate of economic uncertainty and “infinite QE,” if the optimism around risk-assets flows over to , chances of a similar rally for BTC price — as some analysts are currently predicting — certainly increase.
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