Originally released On: 15  DEC 2021 via Cointelegraph (Link below)

Bitcoin sheds ‘dumb money’ as retail buys most BTC since March 2020 crash

Data appears to show that small-volume buyers are as interested in $48,000 Bitcoin as they were in $3,600 Bitcoin.

Retail adds BTC like it’s March 2020

After crashing to $3,600 in March 2020, BTC/USD was a hot pick for those able and willing to invest — and now, that phenomenon is back.

The changes in balances for wallets holding 1 BTC or less — typically suggesting smallscale investors — have reached their highest since March 2020.

If that retail accumulation data is accurate, we know two things: interest is surging. Secondly, they tend to hold as long-term.