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Bitcoin (BTC) retail merchants are known for entering the periods of the euphoria market, usually after strong monthly gains or a new historical maximum. This time it is no different, with Bitcoin that approaches $ 104,000 on May 14, while the general public interest and retail activity to be.
Analysts estimate that in 2025, retail investors were BTC’s largest sellers, while institutions were the main buyers. But if historical patterns are maintained, an increase in retail appetite is probable approximately one week after Bitcoin exceeds the $ 109,350 mark.
According to River estimates, individual investors sold a total of 247,000 BTC through 2025, equivalent to $ 23 billion depending on the average price it gave in the period. Meanwhile, Michael Saylor’s strategy represented 77% of the 157,000 BTC acquired by companies that year.
Bitcoin retail interest is close to the minimum of 6 months
Current search trends for the term levels of “Bitcoin” coincidence look for the last time in June 2024, when BTC was quoting around $ 66,000 after three months of not breaking $ 73,000.
Similarly, the Coinbase application now occupies the 15th position in the US App Store. Within the Finance category, comparable to its 2024 classification in June 2024, according to the block data.
If mobile application classifications and Google search trends for “bitcoin” can serve as proxies for retail interest, the demand reached its maximum point on November 15, 2024, when the Coinbase application jumped from 40 to fifth position in less than two weeks. At the same time, the search activity shot at its highest level in more than two years.
The retail emotion coincided with Bitcoin breaking its previous one of $ 73,757 on November 6, 2024, with an emotion that reaches a maximum point nine days later. Although retail merchants lost most of the profits of the level of $ 67,000 a month earlier, the upward trend persisted as Bitcoin increased to $ 107,000 in mid -December 2024.
Related: Bitcoin Bulls points to new maximums of all time for next week as capital tickets are fired
Buy Bitcoin near a historical maximum is a suboptimal strategy
On March 9, 2024, a comparable increase in retail demand occurred, when the Coinbase application rose to the fourth most discharged in the US Finance category. UU., Compared to the 35th place only two weeks before. At the same time, Google’s search interest for “Bitcoin” reached its highest level in 20 months, approximately six days after Bitcoin exceeded its previous daily record of $ 68000 since November 2021.
The leap of retail interest in March 2024 followed an increase in the price of 56% in just 30 days, with BTC rising from $ 43,100 to $ 68,100. In contrast to the rupture of November 2024, the next seven months saw erratic price movements, with Bitcoin struggling to maintain levels higher than $ 70,000. Retail merchants tend to react to the previous maximums of all time, but this often means that most of the advantage is lost.
The net outputs of retail investors, while Bitcoin trades 5.5% below the highs of all time, reinforce the “bitcoin” search trends and coinbase applications classifications, which supports the idea that retail demand arises approximately one week after a previous maximum is exceeded.
This article is for general information purposes and does not intend to be and should not be tasks such as legal or investment advice. The views, the thoughts and opinions expressed here are those of the author alone and do not necessarily reflect or represent the opinions and opinions of Cointelegraph.