Bitcoin Retail Investors Confident About $50,000-Price Bottom
Bitcoin fell from about $60,000 to nearly $50,000 this week, but it has not deviated retail interest, according to Robbie Liu of OKEx. The investment analyst cited renewed buying activity near the $50,000 level among retail investors, confirmed by the rising long/short ratio and the rising USDT premium in the Asian market. The long/short ratio […]
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Bitcoin has recently fallen below a $32,000 critical hold point and in response, retail investors have taken this as an opportunity to make money from the falling bitcoin price. So far, retail investors have started loading up on shorts, an incredibly bearish metric for the market. Retail investors load up on shorts | Source: Twitter […]
The Bitcoin bull market led by institutional investors is pushing retail investors from countries like Russia, Vietnam and India toward cryptocurrencies. Institutions have been at the forefront of the crypto bull run seen since Q4 2020, but now retail investors have been taking the center stage as well. Bitcoin (BTC) is getting more popular all around the world and it officially became a legal tender in El Salvador on Sept. 7, making it a landmark event for retail and sovereign adoption of the asset.However, it turned out to be a chaotic event for the premier cryptocurrency token as the....
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Bitcoin and most major altcoins have dipped to their immediate support levels, indicating that bears remain active at higher levels. Bitcoin (BTC) and most major altcoins are witnessing profit-booking on July 25 as the bulls scale back their positions before the Federal Open Market Committee meeting on July 26 through July 27. This indicates that the sentiment remains fragile and that bulls are not confident about carrying long positions into the event.Several analysts have retained their bearish view after Bitcoin failed to sustain above the 200-week moving average at $22,780. CryptoQuant....
Small-volume buyers are as interested in $48,000 Bitcoin as they were in $3,600 Bitcoin, data appears to show. Bitcoin (BTC) is back in fashion for regular investors at $48,000 as data confirms the biggest buying spree since March 2020.In a tweet on Dec. 14, statistician Willy Woo eyed a key trend that had previously been absent from the Bitcoin market for over 18 months.Retail adds BTC like it’s March 2020After crashing to $3,600 in March 2020, BTC/USD was a hot pick for those able and willing to invest — and now, that phenomenon is back.The changes in balances for wallets holding 1 BTC....