$BTC
Bitcoin (BTC) reached a new all-time high (ATH) of $109,350 on January 20, 2025, coinciding with the anticipation of Donald Trump's inauguration as the 47th President of the United States.
Despite this significant price surge, on-chain data indicates that retail investor demand remains historically low, suggesting that the recent rally has been primarily driven by institutional investors.
What it means for us?
The indicator are positive. Retail investor will follow, more green is possible.
BTC could attempt to retest the top.
From the other side if BTC is not holding 106.6k we will quickly retest 100k.
