Analyst Rajat Soni: This Bull Run is Driven by Institutional Money, Unlike the Breakout in 2021
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September 14, 2024
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According to Mars Finance, cryptocurrency analyst Rajat Soni posted on social media that Bitcoin's recent break above $60,000 is different from previous instances. Bitcoin has consolidated above $50,000 for over six months, while the last time it exceeded that level was in 2021. However, back then, most buyers were retail investors, while this time it's being driven by institutional investors.
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