Bitcoin's journey to $100K faced a setback as retail interest sharply declined, plummeting to -16% following a market correction. With retail investors losing interest, the pathway back to the coveted $100K milestone seems uncertain. This shift raises questions about Bitcoin's ability to thrive without the fervor of retail support.
The dynamics between retail demand and Bitcoin's price trajectory are at a critical juncture, highlighting the cryptocurrency's dependency on widespread investor enthusiasm. Can Bitcoin achieve the $100K mark again, or is it a distant dream with diminishing retail involvement?