Analyst: Retail Frenzy Absent in This Rally, Missing Typical Features in Bitcoin's $70,000 to $110,000 Phase
According to analyst @ali_charts, who observed Bitcoin market peak signals, "The retail frenzy is absent in this rally. Historical data shows that whenever Bitcoin prices reach a cycle peak, it is often accompanied by a surge in retail activity. However, in the current rise from $70,000 to $110,000, this typical feature is conspicuously missing—this unusual situation is highly reminiscent of the market structure at the end of the bull market in late 2021."
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Lendn Executive: Bitcoin Mining Companies Should Hold the Bitcoin They Mine
Bitcoin Market Dominance Rises to 61.8%
Current Bitcoin Holdings of El Salvador Stand at 6,166.18
Buffett to Step Down as CEO of Berkshire Hathaway by Year-End
Trending news
MoreCrypto prices
More








