Analyst: This Bull Market is Led by Institutional Funds, Different from the 2021 Bull Market Breakout
Article is form Jinse
September 14, 2024
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On September 14th, crypto analyst Rajat Soni posted on social media that Bitcoin's recent break above $60,000 is different from previous instances. The price has consolidated above $50,000 for over six months, and the last time it surpassed $50,000 was in 2021. However, back then, most buyers were retail investors, while this time, it is being driven by institutional investors.
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