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Bitcoin Retail Interest Still Quiet—Bad News For Rally?

  • Recent on-chain data shows that Bitcoin demand from retail investors has remained low despite the asset's rally to a new all-time high.
  • The 30-day change in Bitcoin Retail Investor Demand indicates that activity from small retail investors has not increased significantly during the recent rally.
  • Historically, sustained price increases in BTC have depended on increased demand from retail investors, which has not been prominent in the current rally.
  • While retail interest in Bitcoin has not surged, any improvement in Retail Investor Demand suggests the bull run may not be in dire straits yet.

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