A top trader who nailed the end of the 2021 Bitcoin bull market says people should start looking at BTC<\/a> from a different perspective.<\/p>\n Pseudonymous analyst Pentoshi tells his 766,100 followers on the social media platform X that Bitcoin traders calling for tops should look beyond the charts.<\/p>\n According to the analyst, a number of factors are working together to push Bitcoin to uncharted bullish territory.<\/p>\n \u201cI think the correct way to view crypto, as opposed to always trying to call tops right now is to widen your time horizon.<\/span><\/em><\/p>\n The <\/span>BTC<\/span> exchange-traded fund (ETF) was the most bullish ETF in history. The suits love it, people wanted it and didn\u2019t know how to buy it. It will become easier to use, with a better user interface, and more people will be onboarded. <\/span><\/em><\/p>\n Central banks will print money, they always have and have shown they can\u2019t stop. So, no matter what, this should in theory drift up and to the right on any large time frame. <\/span><\/em><\/p>\n When Covid happened, I originally thought that those types of stimmies would never happen again, and maybe they won\u2019t. <\/span><\/em><\/p>\n But what did happen is a generational mindset shift where people are online more, they gamble more, and in the current world system, this may be the only way out. <\/span><\/em><\/p>\n So stop trying to call tops, zoom out, and think about where it\u2019s heading a decade from now. Higher.\u201d\u00a0<\/span><\/em><\/p>\n Pentoshi is also looking at TOTAL3, which tracks the total market capitalization of all crypto assets excluding Bitcoin, Ethereum (ETH<\/a>) and stablecoins. The trader shares a chart suggesting that the altcoin market is gearing up for rallies after taking out a key resistance level.<\/p>\n \u201cWe haven\u2019t seen anything yet, in terms of alts. It\u2019s a matter of when, not if.\u201d\u00a0<\/em><\/p>\n Don’t Miss a Beat \u2013 Subscribe<\/a> to get email alerts delivered directly to your inbox <\/span><\/em>   Generated Image: DALLE3<\/em><\/span><\/p>\n<\/p><\/div>\n","protected":false},"excerpt":{"rendered":" A top trader who nailed the end of the 2021 Bitcoin bull market says people should start looking at BTC from a different perspective. Pseudonymous analyst Pentoshi tells his 766,100 followers on the social media platform X that Bitcoin traders calling for tops should look beyond the charts. According to the analyst, a number of […]<\/p>\n","protected":false},"author":2,"featured_media":263418,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[173],"tags":[201,248,251,246,257,255,250,252,247,253,249,256,254],"class_list":["post-263417","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-others","tag-blockchain","tag-bsc","tag-chainlink","tag-coin","tag-cryptocurrency","tag-gta","tag-looks-rare","tag-oracle","tag-polygon","tag-quickswap","tag-safe-moon","tag-wallet","tag-wordpress"],"_links":{"self":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/263417","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/comments?post=263417"}],"version-history":[{"count":2,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/263417\/revisions"}],"predecessor-version":[{"id":263420,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/263417\/revisions\/263420"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media\/263418"}],"wp:attachment":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media?parent=263417"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/categories?post=263417"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/tags?post=263417"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}
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