Bitcoin Stays Above $100K for 100 Days as Retail Investors Stay Away

Bitcoin has remained above the $100,000 threshold for over 100 consecutive days, marking a significant milestone in this bull market. Despite strong technical signals—such as the 200-day moving average breaking the $100K level—and ongoing institutional support from spot ETFs, retirement account inclusion, and endorsement at the WEF, retail investors have been notably absent. Google Trends data show Bitcoin searches have fallen below unrelated terms, reflecting a lack of grassroots interest. Analysts attribute this retail void to previous cycle losses, skepticism over a now “institutionalized” market, and a perception that Bitcoin has lost its speculative appeal. Although whales have been replaced by large institutions, the missing retail cohort raises questions about future liquidity and volatility. Traders should monitor whether renewed retail engagement or continued institutional inflows will drive the next leg of this bull run.
Neutral
This news highlights Bitcoin’s technical strength and deepening institutional adoption through ETFs and retirement accounts, which are bullish factors. However, the notable absence of retail investors—historically a key driver of momentum—indicates muted market enthusiasm and potential liquidity constraints. In past cycles, strong retail inflows amplified price surges, but their current hesitation may lead to consolidation rather than sharp rallies in the short term. Over the long term, sustained institutional allocation could underpin stable growth, yet without renewed retail participation, volatility may remain subdued. Overall, the balance of strong technical signals against weak retail sentiment suggests a neutral impact on market direction.