Why isn’t Bitcoin rising despite its great adoption?
$BTC It is a question that many ask, especially at a time when the adoption of Bitcoin and cryptocurrencies in general continues to grow globally. However, to understand this phenomenon, it is crucial to analyze how financial markets work and who the actors are that truly move prices.
First of all, although the adoption of Bitcoin by institutions, companies, and individual users has increased significantly, we must not forget that the market is not composed solely of small investors or "retail". Large players, also known as "whales" in the cryptocurrency world, play a fundamental role. These actors do not operate with the same mentality as a retail investor. They do not buy to sell in two days or to take advantage of a quick rise. Their strategy is long-term: they buy to hold for years, and they do so strategically, always looking for the best possible price.