Who's Driving the Next Surge in Bitcoin's Market?
While retail investors seem to be largely inactive, the next crypto market boost is expected to come from small and upcoming companies and funds. Instead of retail investors, these entities are likely to emulate Michael Saylor's Bitcoin accumulation strategy, with the likes of Japan's Metaplanet and US-based Semler Scientific already showing signs of this approach.
However, there are questions about their readiness to withstand extreme volatility and potential significant losses. Despite this, long-term Bitcoin holders remain confident with low spending activity and accumulation of 300,000 BTC over the last 20 days, potentially indicating a bullish trend for the cryptocurrency.