Bitcoin’s rally to $80k not driven by retail FOMO, Gemini’s Winklevoss sa
As Bitcoin reached a new all-time high, Gemini co-founder Cameron Winklevoss suggested the real rally is yet to come.
Bitcoin 
btc3.25% has still room to grow as the recent spike to a new all-time high was not driven by retail fear of missing out, Gemini‘s co-founder Cameron Winklevoss speculates.In an X post on Nov. 11, he rebuffed theories that the price spike above $80,000 was fueled by retail investors, implying that the surge was likely triggered by “steady ETF demand.”
“People buy ETFs, they don’t sell them. This is sticky HODL-like capital. Floor keeps rising.”
Cameron Winklevoss Although Winklevoss provided no timeframe nor scenario for retail traders’ comeback, he noted that Bitcoin’s surge is barely the beginning of a new rally, though Winklevoss did not specify a timeline for when retail traders might return.
Cameron Winklevoss’ comments echo expectations from other analysts and traders who expect that Bitcoin’s rally could push it past the $100,000 mark. Some, like Dan Tapiero, CEO of 1RoundTable Partners, expect Bitcoin could exceed $100,000, with Tapiero eyeing $350,000 in the long term.