Bitcoin Transaction Volume Suggests Potential for Further Growth
11/18/2024 6:00:53 AM
According to ki_young_ju, the current Bitcoin transaction volume for transactions over $1 million indicates that if they were a large-scale investor, they would wait for more exit liquidity. The market is just beginning, and there is potential for retail investors to join in at a $100,000 price point, driven by FOMO (Fear of Missing Out). While some market corrections might occur, these would not necessarily signal the start of a bear market. (Source)
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