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The post<a href="https://cryptosnewss.com/analyst-predicts-dogecoin-could-reach-new-all-time-high/" rel="noopener noreferrer nofollow"> </a><a href="https://cryptosnewss.com/bitcoins-path-to-100k-halted-by-lack-of-retail-trader-involvement/" rel="noopener noreferrer nofollow">Bitcoin&#39;s Path to $100K Halted by Lack of Retail Trader Involvement</a> appeared first on<a href="https://cryptosnewss.com/" rel="noopener noreferrer nofollow"> Cryptos Newss</a>.After an impressive rally that pushed <a href="https://cryptosnewss.com/bitcoin-eyes-100000-milestone-what-lies-ahead/" rel="noopener noreferrer nofollow">Bitcoin [BTC]</a> to an all-time high of $99,645 last week, the asset has now entered a correction phase.This marks a 5.6% drop from its peak, with Bitcoin trading at $93,602 at press time, a 4.3% decline in the past 24 hours.The correction comes as Bitcoin inches closer to the psychologically significant six-digit price level of $100,000. Despite the pullback, market analysts continue to analyze key metrics for signs of what lies ahead.<h2 id="header-0">Retail trader current trend</h2>A CryptoQuant analyst, Woominkyu, has <a href="https://cryptoquant.com/insights/quicktake/6745528c114d3c55e699ff8b-Retail-Hasnt-Joined-Yet" rel="noopener noreferrer nofollow">highlighted</a> a key observation — retail traders have yet to play a significant role in Bitcoin’s price movement.According to the analyst, the Korea Premium Index, which reflects retail participation, remained below -0.5 at the time of writing. Thus, retail activity has not been a major driver of the recent price surge.Historically, the Korea Premium Index has often shown significant spikes before <a href="https://cryptosnewss.com/category/bitcoin-news/" rel="noopener noreferrer nofollow">Bitcoin</a> reaches a price peak. Woominkyu emphasized the importance of monitoring this indicator closely to identify potential price tops.The subdued retail involvement suggests that Bitcoin’s current rally is largely being driven by institutional participation or other factors, leaving room for additional momentum once retail traders reenter the market.<h2 id="header-1">Exchange Outflows, Open Interest offer insights</h2>Beyond retail activity, examining Bitcoin’s exchange outflows and Open Interest provides a deeper understanding of market dynamics. <a href="https://cryptoquant.com/asset/btc/chart/exchange-flows/exchange-outflow-total?exchange&#61;all_exchange&amp;window&#61;DAY&amp;sma&#61;0&amp;ema&#61;0&amp;priceScale&#61;log&amp;metricScale&#61;linear&amp;chartStyle&#61;column" rel="noopener noreferrer nofollow">Data</a> from CryptoQuant shows a notable trend in exchange outflows. Recently, the metric recorded a significant spike, with more than 75,000 BTC outflowing from exchanges on the 25th of November.Although this figure has since declined to around 31,000 BTC at press time, the number was still noteworthy, especially considering the day is just starting.This trend of Bitcoin moving off exchanges indicates that investors may be opting for self-custody, signaling long-term holding intentions rather than short-term selling pressure.On the other hand, Bitcoin’s open interest metrics paint a mixed picture.According to <a href="https://www.coinglass.com/currencies/BTC" rel="noopener noreferrer nofollow">Coinglass</a>, Bitcoin’s Open Interest value has decreased by 4.55% to $60.37 billion, signaling a potential cooling in leveraged positions.However, the Open Interest surged by an impressive 62.58%, reaching $132.86 billion.This disparity indicates that while the total value of contracts has declined, there is an increase in the number of active positions in the market.This rise in volume could suggest heightened market activity, with traders opening positions in anticipation of further price movements.However, the decline in the overall value of these positions might imply caution among larger investors.The post <a href="https://cryptosnewss.com/bitcoins-path-to-100k-halted-by-lack-of-retail-trader-involvement/" rel="noopener noreferrer nofollow">Bitcoin&#39;s Path to $100K Halted by Lack of Retail Trader Involvement</a> appeared first on Cryptos Newss.

Bitcoin's Path to $100K Halted by Lack of Retail Trader Involvement

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