Expecting something good to happen to Bitcoin and Altcoin!

Bitcoin price is back near 104k. While everyone is getting discouraged at the moment, I am still optimistic that we are going to see a bull market very soon. Along with the current increase in Bitcoin price, retail investors, meaning people like me and probably you who don’t own millions in crypto, are buying Bitcoin. This number is increasing day by day which is a positive aspect. Because when such a number increases, it is a good aspect for Bitcoin and other coins because the volume in the market is increasing.

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Currently, most of the retail investors who are basically holding anywhere from $10 to $10,000 in Bitcoin. We are stuck in a certain range but now many are getting the courage to invest. Although a few days ago during the tariff war and before April 9, many were afraid about the current market. This is because the market was very unpredictable before April 9, but from mid-April to May, buying activity from retail investors increased.

Anyway, last month, Bitcoin was in a downtrend. Instead, we saw a good flow into Bitcoin and a 3.4% increase in retail purchases in a few weeks. Now that number may sound small and insignificant, but in the Bitcoin world, believe me, it is a big sign. It shows a change in people's sentiment. Just think about how much fear there was in the Fear and Greed Index a few days ago. But now that has gone far away and people are now confident. Basically, the market reaction is more to the sentiment of retailers than any other category.

Anyway, Bitcoin recently crossed $104,000 and is now nearing $105,000, which is a 21% increase this month. This leads us to believe that we are probably in the early stages of another bull run and if it lasts for a while, more of us (retail investors) could join in, and not just Bitcoin, but other altcoins. Currently, due to the positive market sentiment and the confidence among people, retail investors are looking at DeFi, staking, and some altcoins, and these investors are also starting to buy new coins again, but slowly. The important thing for us is to definitely pay attention to our signals. And I am getting a sense of hope. Although you should consider that everything can go the other way so do everything with caution and a lot of knowledge in your investment decisions.