“Against the background of stabilization of the Bitcoin course, retail investors are increasing again. This was reported by Cryptoquant analysts, pointing to restore trust in the market, which can be an additional trigger for further growth. Experts noted that although retail is not always included in the most successful moment, its behavior is an important indicator of market moods. Mass interest creates the effect of positive feedback, increasing the pressure of buyers. The retail analytics have attributed users to […]”, – WRITE: Businessua.com.ua
Against the background of stabilization of the Bitcoin course, retail investors are increasing again. This was reported by Cryptoquant analysts, indicating the restoration of trust in the market, which can be an additional trigger for further growth.
Experts noted that although retail is not always included in the most successful moment, its behavior is an important indicator of market moods. Mass interest creates the effect of positive feedback, increasing the pressure of buyers.
Retaile analysts have been attributed to users with a balance of up to $ 10,000. According to them, the corresponding metric of demand (30 DMA) increased by 3.4% from April 28 to May 13.
Source: Cryptoquant.
In the event of a bull impulse, analytics predict a further increase in activity, which will create the preconditions for a new wave of asset acceptance.
“You can expect an increase in the number of active addresses, Utxonew wallets and the total volume of transactions indicates a steady ecosystem expansion, ”Cryptoquant said.
Earlier, experts explained why Bitcoin went into the consolidation phase after the test of $ 105,000.
The Standard Charterrered, meanwhile, was recommended to buy BTC, predicting an increase of up to $ 120,000 in the fourth quarter.
The gun
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