The Number of Small Bitcoin Investors Has Reached The Peak!

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Father of cryptocurrencies to Bitcoin (BTC) number of small investors investing, on-chain reached a new high.

Blockchain analytics company glassnode, published new data. According to data published on Twitter, the number of investors holding at least 0.01 BTC has set a new record. The number of small investors holding at least $200 in Bitcoin in their wallet has exceeded 10.7 million.

including Bitcoin cryptocurrency There has been a bear market in the markets for a long time. It is remarkable that the number of BTC investors continues to increase while cryptocurrencies are constantly losing value.

Ali Martinez, one of the popular analysts, drew attention to another data on Twitter.

Martinez tweeted that the number of new daily addresses created on the Bitcoin network has increased despite the drop in price. The analyst stated that he thinks BTC is cheap right now, so new investors are creating wallets.

“Rich Dad, Poor Dad” Robert Kiyosaki, the author of the book, predicted last week that Bitcoin could fall to $ 1,100 under current conditions. The world-famous economist expects a collapse in all world markets. However, he recommends cryptocurrencies to investors for the long term.

The leading cryptocurrency Bitcoin has been trading in the $18,500-25,000 channel for about 2.5 months. Breaking this channel up or down could determine the fate of BTC.

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