Analyst: This bull market is led by institutional funds, which is different from the breakthrough nature of the 2021 bull market

Bitget2024/09/14 03:20

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Cryptocurrency analyst Rajat Soni posted on social media that Bitcoin's breakthrough to $60,000 this time is different from before. The price has been consolidating above $50,000 for more than six months. The last time the price exceeded $50,000 was in 2021, but at that time most buyers were retail investors. However, this time it was driven by institutional investors.

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Analyst: This bull market is led by institutional funds, which is different from the breakthrough nature of the 2021 bull market

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