👍👍Bitcoin's Bullish Signal After 4 Years: The Expected Blood for the Rally Has Been Found! 👍👍
Individual investor demand may be the harbinger of a new bull season, reaching a level not seen in Bitcoin for more than four years.
Recently, it has been observed that individual investors' interest in the crypto market has increased again. In addition to the Bitcoin price, the 30-day moving average (DMA), which measures the demand of small investors trading between $ 0 and $ 10,000, has reached its highest level in the last 52 months. This increasing demand is interpreted as a strong indicator that Bitcoin may climb to higher prices. The increase in individual investor interest is generally accepted as a sign that a bull trend has begun in the crypto market.
The Role and Importance of Spot Bitcoin ETFs
This demand is not expected to have any negative impact; on the contrary, if the strong capital inflows to Spot Bitcoin ETFs continue, this rise is likely to be supported. As retail investors continue to trust the market, positive pressure on prices is expected to continue. However, a decline in inflows to Spot Bitcoin ETFs could weaken this rise in the market.
In addition, the increase in Google searches, increases in altcoins such as Dogecoin, and the increase in funding rates of individual investors indicate a revival in the market. However, it is still unclear whether this increasing demand is sustainable. As long as investors' interest in crypto assets continues, Bitcoin has the potential to reach higher price levels in the future. This bull trend is expected to strengthen, especially if new capital inflows continue.
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