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Bitcoin Retail Investors Exhibit FOMO, Institutional Activity Stalls

From fxdailyreport.com

The market data discloses a rising fear of missing out (FOMO) among the retail Bitcoin ($BTC) investors. On the other hand, the big investors are passive with a least market participation. Based on the historical market trends, an increase in the high-value transfers, specifically those surpassing the $1M mark, could finally confirm a market euphoria. Until the respective point, the Bitcoin market still seems to have more space for expansion. The previous cycles signify that the institutional investors have not yet reached their peak. In this respect, there is considerable room for their further growth. Since ... (full story)

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  • Category: Fundamental Analysis