Analyst: This round of bull run is dominated by institutional funds, which is different from the breakthrough nature of the 21 bull run.

On September 14th, Cryptocurrency analyst Rajat Soni posted on social media that the BTC breakthrough of $60,000 this time is different from before. The price has been consolidating above $50,000 for more than six months, and the last time it exceeded $50,000 was in 2021, but at that time, most buyers were retail investors, while this time it is driven by institutional investors.

BTC-1.03%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 3
  • Share
Comment
0/400
CoreFirewoodTrunkLinevip
· 2024-09-14 03:41
Big bull
View OriginalReply0
SoraAoiSoraAoivip
· 2024-09-14 03:20
Fell like a dog
View OriginalReply0
Menanvip
· 2024-09-14 03:01
Is there a possibility that BTC will rise steadily this year?
View OriginalReply0
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate app
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)