Bitcoin retail traders rare with BTC’s height to the highest level star-news.press/wp

Bitcoin has reached consecutive standard levels this week, however it appears that retailers are hesitant to return to the market, according to an encryption researcher.

However, the demand for funds circulated on the stock exchange (BTC) (ETFS) rises, with daily flows on Thursday and Friday exceeding one billion dollars, the first time that this happens in two consecutive days.

Bitcoin stem “led by institutions”

BitWise André Dragosch Research He said In the Publishing X on Friday, “Bitcoin is at its highest level ever, but retail sale can not be found almost,” noting that there is no interest in Google’s search in “Bitcoin” despite the preparation of assets, respectively at all this week.

“Dragosh said:

The Google Global search interests for the term “Bitcoin” increased by 8 % from June 29-5 to 6-12 July, coinciding with Bitcoin, whose highest level has ever had $ 111,970 on Wednesday, climbing more than $ 118,780 by Friday, According to To Google Trends and CoinMarketcap data.

However, the interest of searching for bitcoin currencies is 60 % less than a week 10-16 November, 2024, the week following Donald Trump in the US presidential elections.

This period was followed by a month that lasted a month and paid Bitcoin to reach $ 100,000 for the first time ever on December 5.

Bitcoiners says retail believes it is “absent from the boat”

Some Bitcoin supporters predict that retail investors may see the current price of Bitcoin is very high to enter the market.

Bitcoin Lindsay Stamp commentator He said“I think many people in retail are discovering that the price of Bitcoin is 117 km and I think, Nahhh missed the boat and I did not even think about it.”

Echoes with similar feelings, Bitcoin Matrix PodCast Cedric Younkelman He said In the post on Saturday, “At what Bitcoin price do you think the retail sale is waking up?” I will go first. I don’t think they are coming for a long time. ”

Willie Woo, Bitcoin Occinan analyst, said that the currency trend in Bitcoin has not yet ended. “This range has a lot of remaining legs in it.” He said In the post on Saturday.

Related to: It is expected that the price of bitcoin will accelerate if a daily closure is secured above 113 thousand dollars

Meanwhile, the Bitcoin Spot investment box qualifiers for a strong trading week, with a flow of $ 2.72 billion over the five days. According to To Farside data.

Cointelegraph recently reported on July 5 that if the end of the BTC ETF has a retail agent, it may be time to reconsider how to interpret Onchain data, because this may represent the truth of the demand for bitcoin retail.

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