Crypto Analyst Predicts Market Rally as Fed May End QT
- Pentoshi, a crypto analyst, expects the Federal Reserve to end quantitative tightening (QT) soon.
- Data from Polymarket shows 100% of users believe QT will end by May.
- The cessation of QT is seen as bullish for Bitcoin and altcoins.
- Pentoshi advises caution, noting unsustainable growth in S&P 500 and crypto assets.
- Bitcoin recently traded at $83,248.
Pentoshi anticipates a market rally due to the expected end of QT by the Federal Reserve. However, he warns investors to remain cautiously optimistic due to previous unsustainable growth patterns in major indices and cryptocurrencies.
Source (2.6)https://dailyhodl.com/2025/03/17/trader-predicts-crypto-rallies-amid-expectations-of-fed-monetary-policy-shift-but-theres-a-catch/?rand=59076