Bitcoin

Bitcoin BTC Price Hovers Over $30.2K After Expected Correction. Retail Investor Enthusiasm ‘Likely to Increase’: Analyst

“Looking ahead, with no major scheduled events or economic data releases this week, we anticipate that price action in the market will be influenced by open interest levels, reflecting trader sentiment, and trending topics such as memes and artificial intelligence,” Johnny Teng, Senior Researcher at LBank Labs, said in a note. “As retail traders may have missed out on last week’s price movement, their enthusiasm to participate in the market is likely to increase.”

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