Analyzing differences between bitcoin price leap, ATB Coin team has made a statement that in the current year the reason for the rally has become the money of institutional investors. Big business players have risen BTC price till $13 000 in June of 2019.
Current situation doesn’t look like victorious March because of 4 reasons:
- * There’s no attention from mass media
- * BTC doesn’t recalled in tweets.
- * Bitcoin is not so extremely popular in Google researches.
- * Altcoins haven’t risen in price despite BTC successes.
Some Google and Twitter activity splashes have taken place but they are not compatible with a 2017 markers.
ATB Coin team opinion
Institutional money made a bitcoin safer, but retail investors keep the distance right now. Let’s see how the situation will develop in the future.