Bitcoin Surges With Low Retail Interest – Is A Second Wave Coming?
Bitcoin (BTC) reached a new all-time high of $111,980 on Binance, surpassing the previous high of $108,786 from January 2025. The current rally lacks significant retail investor participation, which is atypical for such price surges. Retail demand, indicated by BTC transfer volumes in the $0 to $10,000 range, has only slightly increased despite rising prices. This suggests that institutional investors are primarily driving the momentum. Institutional firm Strategy is nearing 600,000 BTC in holdings. Historical trends indicate that retail investors usually propel sustained price increases. For continued growth, an uptick in retail participation is essential. Recent exchange flows show dwindling BTC reserves, with Coinbase reporting an outflow of 7,883 BTC, hinting at institutional accumulation. Technical indicators suggest BTC may soon reach another ATH, with predictions of a $200,000 target by the end of 2025. Currently, BTC trades at $108,802, down 0.6% in the last 24 hours.
