According to a crypto researcher, BitCoin has reached a record height this week, yet retail investors are reluctant to jump into the market.
However, the demand for the Spot Bit Coin (BTC) Exchange Traded Funds (ETFS) is increasing, recording more than $ 1 billion daily on Thursday and Friday, for the first time it was two consecutive days.
Bitcoin leg -up “driven by entities”
In an X post on Friday, Bitwiss chief Andrei Dragosh said, “Butt Coin is at a new height of all time but will not be found anywhere nearly,” said Andromi, who will not be found anywhere, “said Andrea, pointing to the lack of Google search interest in” BitCoin “despite the height of assets all the time.
“The latest leg -ups are driven by most organizations, “said Dragus.
According to Google Trends and CoinMarket Cap data, according to Google Trends and CoinMarket Cap data, according to Google trends and Coinmarket Cap data, Google trends and CoinMarket Cap data, according to Google’s trends and CoinMarket Caps, Google Cape and Google Cape. According to CoinMarket Cap data, according to Google’s trends and CoinMarket Cap data, Google trends and CoinMarket Cap data have increased by 8 % in Google Global Search interest for the term “BitCoin” term “BitCoin”.
However, a week after Donald Trump victory in the US presidential election, Bitcoin’s interest in search of Bitcoin is 60 % less than the week of 10-16, 2024.
After this period, a month -long rally came out, which brought BitCoin to 000 100,000 for the first time on December 5.
Butt Coiners says the retailer believes he “lost the boat”
Some Bitcoin supporters are speculating that retail investors can understand the current price of BitCoin to enter the market.
“I think many retail people know that a bit coin is worth 117k and thinks, no, I missed the boat and didn’t even think it,” said Lindsay Stamp, said Lindsay Stamp.
In echoing similar emotions, Bitcoin Matrix Podcast host Siderk Yinglman said in an X post on Saturday, “Do you think retail awakens?” I will go first. I don’t think they have been coming for a long time.
BitCoin’s high -ranking analyst Wali Woo said that BitCoin’s Optage is far away. “There are plenty of legs left in this run,” Wu said in an X post on Saturday. “
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Meanwhile, the spot butt coin was a strong trading week of ETF, with 72 2.72 billion arrival in five days.
The Quantal Graph recently reported July 5 that if the end holder of the BTCEF share is a retail client, it is time to come to how the Acne data is translated, as it can represent the reality of retail bitcoin demand.
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