Why Bitcoin Price Keeps Falling Despite Major Buyers Entering

Here's something that puzzles many traders: major players like Saylor keep accumulating Bitcoin at scale, yet the price doesn't seem to cooperate with the narrative. So what's actually happening under the hood?

The answer lies in market mechanics that go beyond simple supply and demand. When large buyers step in, the market doesn't automatically pump. Instead, several forces come into play simultaneously:

First, large purchases often come with significant selling pressure from other market participants. Whale buys can trigger profit-taking among smaller holders, or they may signal distribution from earlier buyers. The market absorbs inflows differently depending on overall sentiment and macro conditions.

Second, the timing and velocity matter enormously. Institutional accumulation happening over weeks or months gets absorbed into market structure differently than a sudden spike. Patient accumulation doesn't create the same price discovery mechanism as aggressive buying would.

Third, other macro factors—regulatory news, macro economic data, or broader risk-off sentiment—can easily override the impact of institutional inflows in the short term.

So the mystery isn't really a mystery. Big buying pressure is real and matters for long-term structure, but price discovery reflects the totality of market forces, not just one participant's activity. That's how markets work.