Bitcoin Nears ATH Despite Low Retail Demand: Growth Potential?
Bitcoin is stabilizing below its all-time highs, with traders impatient for a trend confirmation. The cryptocurrency has reached a key phase after a period of extreme volatility, where its every move might shape the weeks ahead. Due to investor uncertainty, price activity is high but market mood is mixed.
Even though Bitcoin is reaching its all-time high, CryptoQuant data shows limited retail demand. Retail investors have historically driven Bitcoin bull cycles by providing liquidity and excitement.
This story has two sides. Subdue
Bitcoin is stabilizing below its all-time highs, with traders impatient for a trend confirmation. The cryptocurrency has reached a key phase after a period of extreme volatility, where its every move might shape the weeks ahead. Due to investor uncertainty, price activity is high but market mood is mixed.
Even though Bitcoin is reaching its all-time high, CryptoQuant data shows limited retail demand. Retail investors have historically driven Bitcoin bull cycles by providing liquidity and excitement.
This story has two sides. Subdue