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A Bull Market Needs to See More 'Disbelief' From Small Traders

@SanSights
1 min read
10.09.2024
BTC


🐳 Bitcoin has reached as high as $58K today, with sentiment among retail traders beginning to look a bit more positive. Wallets with <1 BTC now hold their highest ratio of supply in 7 months.

However, an ideal setup for crypto to rebound back to all-time high levels would involve:

🎯 <1 BTC holders dropping
🎯 1-100 BTC holders steadily growing
🎯 100+ BTC holders aggressively accumulating

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