Will Retail Investors Return to the Bitcoin Market

A popular cryptocurrency analyst believes that despite market volatility, retail investors are returning to the Bitcoin (BTC) market, as evidenced by the growth of new addresses. Recently, cryptocurrency expert Ali Martinez shared a chart showing a significant increase in new BTC addresses, breaking the previous downward trend. Retail #Bitcoin investors are making a comeback! The number of new $BTC network addresses has surged to 352,124, the highest level since XNUMX month. “Bitcoin small investors are back! The number of new BTC addresses on the network has risen to 352,124, the highest level since XNUMX month,” Martinez emphasized. He also pointed out that Bitcoin miners are selling off positions, a common trend before the start of a Bitcoin bull market. Read more:

Japanese company Metaplanet has announced another purchase of Bitcoin. At the same time, Martinez also noticed a surge in the Bitcoin buy/sell ratio. Someone at @Bybit_Official is buying #Bitcoin on the dip, as can be clearly seen from the recent spike in the $BTC recipient buy/sell ratio! According to Martinez’s chart, the BTC buy/sell ratio is 12.306. A value above 1 indicates that BTC bulls are establishing long positions at market prices.