Bitcoin not pumping despite all the buying from institutions
I'm not being impatient here i genuinely am confused to how this works, now that countries, states, treasuries, and many big companies are loading up on bitcoin, why does this not make it pump with all this money flooding in?. Shouldn't that drive price up as soon as alot is bought in a small timeframe? If thats not how it works then what are the main factors of it going up? Liquidity? Interest rates being lowered? submitted by /u/Alarming_Evidence596 [link] [comments]
I'm not being impatient here i genuinely am confused to how this works, now that countries, states, treasuries, and many big companies are loading up on bitcoin, why does this not make it pump with all this money flooding in?. Shouldn't that drive price up as soon as alot is bought in a small timeframe? If thats not how it works then what are the main factors of it going up? Liquidity? Interest rates being lowered?
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