Question #570 ·
What effect does ongoing bullish sentiment from institutional Bitcoin accumulation have on recent price trends?
- Institutional accumulation has no real effect since Bitcoin markets are retail driven
- Institutional accumulation signals the end of Bitcoin triggers a permanent bear market
- Institutional accumulation leads to short-term price crashes due to profit taking
- Institutional accumulation supports upward momentum and adds credibility to price rally Right answer
Why is this the correct answer?
This is correct because large-scale buying by institutions increases overall demand, reducing available supply and reinforcing price gains. Institutional participation also signals confidence to other investors, helping sustain bullish trends in the market.