Why is Bitcoin not rising despite institutions buying?
Bitcoin institutional investors are "buying on dips", and giant whales have increased their positions by 100,000 coins in the past week.
This is a problem of market transaction liquidity, and the market response may become dull.
Competitive coins with higher efficiency and stronger functions, such as Ethereum and Cardano, are rapidly rising, attracting some of the market share that originally belonged to Bitcoin. The rise of these altcoins could pose a potential threat to the price of Bitcoin.
Balance of supply and demand: The amount of institutional funds buying Bitcoin does not significantly exceed the market supply, so the price may not rise immediately. In addition, if there is a lot of selling pressure in the market (such as Mentougou and government selling Bitcoin), it may also offset the upward momentum brought by institutional buying.
Investor Sentiment: Market investor sentiment also affects Bitcoin prices. If investors are generally cautious or lack confidence in future market trends, even if institutions are buying Bitcoin, the price may remain flat or fall due to a lack of sufficient buying support.
