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Bitcoin BTC price surged above $30.2K after an expected correction. Retail investors’ enthusiasm ‘likely to increase’: Analyst

“Trying forward, with no main scheduled occasions or financial information releases this week, we anticipate that value motion available in the market might be influenced by open curiosity ranges, which replicate dealer sentiment and trending subjects equivalent to memes and synthetic intelligence.” Will do,” Johnny Teng, senior researcher at ElBank Labs, mentioned in a observe. “Since retail merchants might have missed final week’s value motion, their enthusiasm to take part available in the market is prone to improve.”

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