Cointelegraph Consulting: Institutions are bullish on Bitcoin, but is retail?

Cointelegraph Consulting: Institutions are bullish on Bitcoin, but is retail?

Charts and data from the last two weeks show retail traders have flipped bearish and the BTC buying has stopped. The latest findings from Santiment, published in Cointelegraph Consulting’s biweekly newsletter, indicate that the combined balance of wallets holding small amounts of Bitcoin (BTC) continues to decline. This shows a downward trend in retail holders, which is in sharp contrast to the aggressive accumulation strategies of large holders.Social media metrics reinforce what is being seen on-chain. The average mood toward Bitcoin has been declining consistently during the past two....


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