The price of Bitcoin has dropped 7.6% from its all-time high, currently trading at $92,476. However, a recent analysis suggests that the decline in Bitcoin reserves on major exchanges indicates a potential market during a "bull run," with participants who missed previous opportunities now entering before the next surge. Retail traders have been slow to participate in the rally, with the Korea Premium Index, which measures retail involvement, remaining low. The absence of retail traders is noteworthy, as their eventual participation could increase buying pressure and drive Bitcoin's price higher. The crypto market as a whole has seen a significant decline, with the global market cap dropping nearly 6% in the past day.



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