Bitcoin has rapidly breached the $14,000 level and is close to breaking the $15,000 level, with its price estimated at the time of writing this article at $14,847.

The interesting thing is that this huge rally did not get the attention of retail investors as it did with the peak of 2017 when the price of Bitcoin reached the level of $ 20,000.

Retail investor interest is nowhere to be seen:

At the time of writing this article, Bitcoin is trading at around $14,847, which means it is almost 36% below its all-time high of $20,000 in December 2017.

The 2017 bull run was arguably the most notable event in Bitcoin history, and it was certainly confirmed by the mainstream media that retail investors had a role to play.

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Retail investors’ interest in searching for Bitcoin is usually inferred on the global engine “Google”.

In other words, if the search for Bitcoin in “Google” increases, then this means that there is a clear interest in Bitcoin on the part of retail investors or individuals, and vice versa.

As shown in the chart above, current searches for the term “bitcoin” on a global scale over the past five years have not come close to peaking in 2017.

So where does bitcoin liquidity come from?

Nice and appropriate question.

It can be answered by saying that there are a lot of institutional investors who have entered Bitcoin for the first time over the past couple of months.

MicroStrategy, a public company listed on Nasdaq, bought $425 million worth of bitcoin, or exactly 38,250 bitcoins.

Later, the company’s CEO, Michael Saylor, revealed that he himself owns 18,000 Bitcoin, roughly 0.266% of the total supply, privately.

Jack Dorsey’s financial services company Square also bought $50 million worth of bitcoin recently, joining the list of listed companies that own bitcoin.

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This is a report published Source It indicates that institutional investors are planning for more exposure to bitcoin and altcoins in general, as a survey in the previous same source showed that 26% of companies plan to increase their exposure to bitcoin.

The bottom line That the rise is mostly driven by the money of investment companies, so will individual investors follow them, or will it be too late?

All possibilities and scenarios remain and no one knows the unseen, so we only have to look and wait for what Bitcoin will do.

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