Bitcoin's recent momentum appears far from exhausted, according to a well-followed crypto strategist who believes institutional demand is driving a persistent uptrend that could limit any meaningful pullback.
The analyst, known as Pentoshi on social media, points out that corporate interest and massive ETF inflows are consistently draining market supply.
In his view, unless Bitcoin starts closing well below its previous all-time highs, there’s little reason to expect a deep correction. Even a drop into the mid-$90,000s would represent an extreme scenario, not a likely one.
Pentoshi emphasized that the current environment—defined by limited supply and relentless accumulation—is skewed toward continued upside.
He added that ETFs are absorbing Bitcoin at such a rapid pace that sellers have little room to push prices down for long. With firms like MicroStrategy also continuing to add to their holdings, available liquidity is being pulled off the market faster than it can be replenished.
He also noted that Bitcoin’s performance against gold is poised to accelerate, with BTC expected to leave the traditional safe haven behind in the coming months.
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