What effect do mid-sized whale accumulations during price dips have on Bitcoin’s recovery potential?
Why is this the correct answer?
This is correct because when mid-sized whales accumulate assets at lower prices, they absorb selling pressure and establish a demand floor. Beginners can view this behavior as a sign that larger players expect prices to rebound, which can give smaller traders more confidence to buy.
Related Terms
AI-Generated Content Disclaimer
Important Notice: This content has been generated with the assistance of artificial intelligence. While we strive for accuracy, there may be errors or inaccuracies in the information provided. Please exercise caution and verify any information before making decisions based on it. This information does not constitute investment advice, financial advice, trading advice, or any other sort of advice. You should not treat any of the content as such. CryptoMeteo does not recommend that any cryptocurrency should be bought, sold, or held by you. Always conduct your own due diligence and consult with a financial advisor before making any investment decisions.