Central Bank Money Printing To Push Bitcoin Back Into Limelight and Above All-Time Highs: Top Trader
A popular analyst known for his timely crypto calls says that the stars are aligning for Bitcoin (BTC) to make a new push to all-time highs. Pseudonymous trader Pentoshi tells his 799,900 followers on the social media platform X that central bank money printing could push Bitcoin center stage for its scarcity and send it to new highs. “Believe it to only be a matter of time before BTC hits a new ATH. Look at the last six months alone: an exchange-traded fund (ETF) approval, which has been the most successful ETF in history, and now capturing a large portion of the political environment with multiple nation-states discussing it on top. The idea of BTC having a fixed supply, programmatic money, while central banks will continue to print infinite fiat will take the limelight. I won’t pretend to know when it will break out, but the future is brighter than ever at this point. It’s crazy how many people begin to doubt their long-term thesis based on a few hourly or da