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Bitcoin retail investors not in FOMO mode yet, CryptoQuant CEO says
Bitcoin retail investors have yet to reach fear of missing out levels, according to Ki Young Ju, the founder and CEO of CryptoQuant.
Young Ju shared this perspective as Bitcoin btc-2.03%Bitcoin fell below $92,000, continuing its decline from near $100,000 last week. The CryptoQuant CEO highlighted that recent retail trading behavior has not shown signs of panic or excessive excitement.
As of Nov. 25, the indicator remained neutral, a position it has maintained since April when BTC traded around $64,000. During the last bull market, retail FOMO peaked in January 2021 when Bitcoin surpassed $30,000, driving its price to an all-time high of $69,000 during that cycle.
Despite Bitcoin nearing $100,000 just last week, analysts observe that retail investors have not yet entered the market in vast numbers. ....