🚨 Bitcoin at ATH, but… where is retail?
BTC set another record — on July 14, it traded at $123,091 at one point. It seems like a reason for hype, but…
🔍 Search queries for "bitcoin" and "cryptocurrency" are at 2020 levels, when it was worth less than $20,000.
🧑💻 Retail is silent:
• No one is messaging crypto enthusiasts saying, "bro, will I still have time to get in?"
• CryptoQuant data confirms: the activity of retail investors is almost zero.
🧩 What does this mean?
In a typical bull run, retail investors come in at the end — when the market is already in a phase of euphoria. However, we are still in a state of disbelief. The psychology of the cycle:
Disbelief → Hope → Optimism → Confidence → Euphoria
🔥 The absence of FOMO = the market still has fuel for growth.
In other words: the majority has not yet arrived.
This means — the finale of this bullish phase is not yet played out. 👀
📌 As soon as mass deposits of $200–1000 start coming into exchanges, and Google explodes with queries "how to buy bitcoin" — that’s when the heat will begin.
⏳ For now, BTC is growing on institutional money — and we may still have a chance to get in before the crowd.