Happycoin.club - Altcoin Daily host and crypto analyst Aaron Arnold has revealed insider plans by Wall Street whales to push Bitcoin to $125,000. This seasonal price spike, dubbed the "Santa Pump," is expected to precede retail activity.
According to Arnold, Bitcoin's path to these highs is almost preordained as it reaches critical mass. Large institutional players like BlackRock and Fidelity continue to increase their Bitcoin holdings.
Optimism for a higher Bitcoin price is being fueled by significant political developments. US President-elect Donald Trump has proposed storing government-owned Bitcoin in a national reserve, which is seen as a sign of growing acceptance of the cryptocurrency as a legitimate asset.
These events, along with the continued growth of Bitcoin ETFs and capital inflows, indicate that the next major price rally in Bitcoin may be closer than expected.
Arnold also noted the quiet accumulation of bitcoin on Wall Street. Despite occasional public criticism from the likes of JPMorgan’s Jamie Dimon, institutions have been quietly accumulating bitcoin. Major financial players like Morgan Stanley (NYSE:MS) have already invested in bitcoin through European funds and ETFs.
Arnold argues that this behind-the-scenes activity creates the perfect conditions for a run to six-figure prices. With institutional capital pouring in, he sees the current market manipulation as an opportunity for insiders to profit from the coming Santa Pump.
Arnold recommends that investors allocate at least 10% of their portfolio to Bitcoin or Bitcoin-related assets and promising altcoins.
