Small investors are buying bitcoin. For a rally to succeed, the whales need to join in.

Small investors are increasingly purchasing Bitcoin, indicating a growing interest in the cryptocurrency market. However, for a significant price rally to occur, larger investors, often referred to as "whales," need to participate as well. The current market dynamics suggest that while retail interest is rising, the absence of whale activity could limit potential price increases. Analysts emphasize that a successful rally typically requires both small and large investors to be actively involved. Without the support of these whales, the sustainability of any upward movement in Bitcoin's price remains uncertain.

Read the full article: CoinDesk