Could BTC pump be an answer to Federal Reserve money printing?

[vc_row][vc_column][vc_paragraph text=”US Federal Reserve money printing is working at full power. Obviously, Bitcoin could not but respond to this.“][/vc_column][/vc_row][vc_row][vc_column][vc_heading title=”ВТС as a tool to combat inflation ” size=”medium”][/vc_column][/vc_row][vc_row][vc_column][vc_paragraph text=”Since the Bitcoin conception is based on becoming an alternative for banks and their vulnerable monetary policy that lead to 2008 crisis, it would be logical for BTC to positively react to the Federal Reserve decision about increasing money printing.”][/vc_column][/vc_row][vc_row][vc_column][vc_paragraph text=”Under the strategy of supporting the economy during the crisis lead by Covid-19 pandemic, Federal Reserve and other central banks all over the world has implemented quantitative easing. This strategy involves printing a great amount of new fiat currencies to increase liquidity.”][/vc_column][/vc_row][vc_row][vc_column][vc_paragraph text=”But there is a risk that money printing may lead to direct liquidity which may cause dollar’s hyperinflation. This is contrary to BTC nature because it has been developed to withstand inflation. “][/vc_column][/vc_row][vc_row][vc_column][vc_paragraph text=”Hence, as Federal Reserve continues huge money printing, it may add substantial value to BTC.”][/vc_column][/vc_row][vc_row][vc_column][vc_paragraph text=”There are already some evident of that it’s cost has grown amidst the news of new waves of fiat printing. So is there a true correlation? “][/vc_column][/vc_row][vc_row][vc_column][vc_heading title=”Similar indicators ” size=”medium”][/vc_column][/vc_row][vc_row][vc_column][vc_single_image image=”1093″ img_size=”full”][/vc_column][/vc_row][vc_row][vc_column][vc_paragraph text=”As one of the respected crypto analysts working for PlanB and the creator of “Bitcoin” price model said on his Twitter, crypto had benefited from money printing following the examples of 2013.”][/vc_column][/vc_row][vc_row][vc_column][vc_paragraph text=”“It’s interesting that QE3 of 2013 amounting to $1.5 trillion matches the volumes of the bullish BTC market. So what will QE4 of 2020 bring? $2 trillion or more?” – published the analyst on his Twitter.”][/vc_column][/vc_row][vc_row][vc_column][vc_paragraph text=” Crypto analyst Holger Zhaepits (@Schuldensuehner) also commented this, “Federal balance has reached new ATH amounting to $6.367.9 billion since Powell continues to run his printing press.”][/vc_column][/vc_row][vc_row][vc_column][vc_paragraph text=”The total assets have increased for $284.7 billion and now they constitute 29.1% of the US GDP, and that’s a new record.”][/vc_column][/vc_row]