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Bitcoin (BTC) retail boom reaches 4-year high, rekindles bullish price predictions

Data from the 30-day retail investor demand metric reveals a significant change, tracking the flow of volumes under $10,000 into Bitcoin, suggesting a growing influence from retail investors.

At press time, the metric reached 27.15%, the highest level it has reached in over four years. The last time the reading neared this level, Bitcoin’s price climbed from $9,500 to $37,000 in less than six months.

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