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BlockTower founder: Currently in the early stage of this round of Bull Market, recent buyers are more institutional rather than retail investors
BlockBeats news, on November 9th, Ari Paul, the founder and Chief Information Officer of the digital asset investment company BlockTower, stated on social media that we are currently in the early stages (approximately 70% or 66% progress) of the overall Bull Market. Recent buyers are preparing for a pump in the next 6-12 months, with more involvement from institutions rather than retail investors. Ari personally predicts that the market will experience a gradual rebound in this stage, possibly reaching $90,000 or even $125,000 for BTC. The participation of retail investors will gradually increase, leading to an increasing leverage ratio and volatility. Currently, purchasing suitable assets and holding them for the next few months may be the wisest strategy. In the later stages of the Bull Market, more aggressive trading will yield returns.