Bitcoin retail FOMO spikes most since 2017 but BTC price may still be 'doomed...
Smaller Bitcoin entities are rapidly adding to their BTC stash, but this has preceded price tops in times gone by. Bitcoin (BTC) is seeing what looks like panic buying by retail investors, fresh data shows — but all might not be as it seems.In a tweet on April 4, William Clemente, lead insights analyst at Blockware, revealed a large spike in the BTC supply owned by smaller hodlers.2022 retail FOMO spike "an outlier"Typically referred to as “retail,” entities with 1 BTC or less are considered to be mainstream consumers rather than corporate or institutional investors.According to figures....
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The ongoing bitcoin bull market has been nothing short of amazing. Retail interest during the last cycle brought the cryptocurrency only so far, and this cycle, retail plus institutions have pushed the price per coin to new heights. However, new data insights from OKEx partner analytics firm Catallact, revealed that retail investors bought the most […]
Bitcoin retail buying rates have been surging in recent times. These metrics show how much Bitcoin retail investors are buying and at what prices they are purchasing these tokens. Now, this metric had hit a previous all-time high in 2017/2018 right at the peak of the bull market at that point. Since the same thing is happening once more and retail investors are ramping up purchases, it remains to see whether this will correlate with another bull rally that sends the digital asset towards a new all-time high. Retail Investors Ramp Up In a chart that was posted to Twitter, market analyst....