Bitcoin went on a tear after Donald Trump won the US presidential elections in early November, adding more than thirty grand within weeks and peaking at above $99,800.<\/p>\n
Most reports on the matter indicate that the impressive run was driven mostly by US-based institutions, and this could be proved by the mindblowing inflows<\/a> in the spot Bitcoin ETFs.<\/p>\n Such massive price surges in a relatively short time typically attract the retail crowd, but this doesn\u2019t seem to be the case during the current rally. The mass euphoria isn\u2019t peaking now as it used to during the 2017 bull run that saw BTC skyrocket to $20,000 and the 2021 explosion when it surpassed $70,000 for its then-all-time-high.<\/p>\n Data from CryptoQuant outlined<\/a> another proof that certain retail investors are yet to arrive. More specifically, the report focused on the Korea Premium Index, which is a \u201ckey indicator reflecting retail participation.\u201d It shows the difference between BTC\u2019s price on South Korean exchanges and global trading platforms.<\/p>\n In the past few weeks, the index has been predominantly in the red territory at around -0.5. CryptoQuant\u2019s analysis said this \u201csuggests that retail involvement has not actively contributed to the current price rally.\u201d<\/p>\n \u201cHistorically, the Korea Premium Index has often spiked to extreme levels before Bitcoin\u2019s price reached its peak (TOP). Based on this chart, monitoring the Korea Premium Index\u2019s movement remains a valuable tool for identifying potential Bitcoin price tops.\u201d<\/p>\n <\/a>Bitcoin Korean Premium Index. Source: CryptoQuant<\/p>\n Google Trends data is another source that depicts the general sentiment among retail investors, as they are usually the ones who search for the leading cryptocurrency. It shows that there has been a particular uptick after Trump\u2019s win that pushed the overall \u2018bitcoin\u2019 queries on the platform to a two-and-a-half-year peak.<\/p>\n However, the levels are still significantly lower than those during the 2021 bull runs and the 2017 rally. This shows that there\u2019s still a lot of room to grow in terms of retail participation. In fact, many analysts speculate on X that retail\u2019s potential arrival could finally boost BTC to the coveted and unmatched<\/a> target of $100,000.<\/p>\n <\/a>Bitcoin Google Searches. Source: Google Trends<\/p>\n The post Retail Investors Still Not Here: Will Their Arrival Push Bitcoin (BTC) to $100K?<\/a> appeared first on CryptoPotato<\/a>.<\/p>","protected":false},"excerpt":{"rendered":" Bitcoin went on a tear after Donald Trump won the US presidential elections in early November, adding more than thirty grand within weeks and peaking at above $99,800. Most reports on the matter indicate that the impressive run was driven mostly by US-based institutions, and this could be proved by the mindblowing inflows in the […]<\/p>\n","protected":false},"author":0,"featured_media":23652,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-23651","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-discovery"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/23651"}],"collection":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=23651"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/23651\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/23652"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=23651"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=23651"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=23651"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}When Retail?<\/h2>\n
What Does Google Say?<\/h2>\n
![<\/a>Bitcoin Korean Premium Index. Source: CryptoQuant<\/p>\nWhat Does Google Say?<\/h2>\nGoogle Trends data is another source that depicts the general sentiment among retail investors, as they are usually the ones who search for the leading cryptocurrency. It shows that there has been a particular uptick after Trump\u2019s win that pushed the overall \u2018bitcoin\u2019 queries on the platform to a two-and-a-half-year peak.<\/p>\nHowever, the levels are still significantly lower than those during the 2021 bull runs and the 2017 rally. This shows that there\u2019s still a lot of room to grow in terms of retail participation. In fact, many analysts speculate on X that retail\u2019s potential arrival could finally boost BTC to the coveted and unmatched<\/a> target of $100,000.<\/p>\n<\/a>Bitcoin Google Searches. Source: Google Trends<\/p>\nThe post Retail Investors Still Not Here: Will Their Arrival Push Bitcoin (BTC) to $100K?<\/a> appeared first on CryptoPotato<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"Bitcoin went on a tear after Donald Trump won the US presidential elections in early November, adding more than thirty grand within weeks and peaking at above $99,800. Most reports on the matter indicate that the impressive run was driven mostly by US-based institutions, and this could be proved by the mindblowing inflows in the […]<\/p>\n","protected":false},"author":0,"featured_media":23652,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-23651","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-discovery"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/23651"}],"collection":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=23651"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/23651\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/23652"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=23651"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=23651"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=23651"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}](\"https:\/\/cryptopotato.com\/wp-content\/uploads\/2024\/11\/ssa.webp\"){kind=link}
![<\/a>Bitcoin Google Searches. Source: Google Trends<\/p>\nThe post Retail Investors Still Not Here: Will Their Arrival Push Bitcoin (BTC) to $100K?<\/a> appeared first on CryptoPotato<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"Bitcoin went on a tear after Donald Trump won the US presidential elections in early November, adding more than thirty grand within weeks and peaking at above $99,800. Most reports on the matter indicate that the impressive run was driven mostly by US-based institutions, and this could be proved by the mindblowing inflows in the […]<\/p>\n","protected":false},"author":0,"featured_media":23652,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-23651","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-discovery"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/23651"}],"collection":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=23651"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/23651\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/23652"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=23651"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=23651"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=23651"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}](\"https:\/\/cryptopotato.com\/wp-content\/uploads\/2024\/11\/Screenshot-2024-11-26-172805.png\"){kind=link}