Analyst Says Bitcoin Will Drift Higher Amid Generational Mindset Shift, Predicts Big Rallies for Altcoin Market

Cryptocurrency analyst Pentoshi believes that Bitcoin will continue to rise due to various factors, including the growing demand for Bitcoin exchange-traded funds (ETFs) and the continuous money printing by central banks. Pentoshi urges traders to expand their time horizons and focus on the long-term potential of Bitcoin. Furthermore, Pentoshi predicts significant rallies for the altcoin market, as indicated by the chart of TOTAL3, a cryptocurrency market capitalization index that excludes Bitcoin, Ethereum, and stablecoins. According to Pentoshi, the altcoin market is poised for further growth, stating, “We haven’t seen anything yet, in terms of alts. It’s a matter of when, not if.” Overall, the analyst’s perspective suggests a positive outlook for the future of cryptocurrencies.