Central Banks Buying BITCOIN?! What This Means For CRYPTO!

"the majority of crypto Market analysts believe we'll see the current bull market Peak at some point in 2025"

"if central banks start to see BTC as a safe haven asset like gold then they could also step in to scoop up some BTC as soon as it falls below a certain level which could set a sort of price flaw"

"if central banks begin holding BTC investors who stick to more traditional assets like gold would be likely to rotate some of their positions towards BTC too"

"as it so happens the bis is expected to introduce standards for banks who want to hold crypto on their balance sheets at the start of next year these standards will give the commercial Banks the ability to hold up to 2% of their reserves in crypto from the 1st of January 2025"

"it's likely that in the short term this would signal the crypto bull market top"

"heck if cbdcs fail then centralized stable coins could even become the go-to alternative"