The fact that 80,572,938,029 Bitcoin can be infinitely pumped indicates one thing: the centralization of tokens. Institutions and the top 1% of large holders own most of the Bitcoin. They can raise prices through spot purchases and futures contracts, which doesn't require much capital. The amount of Bitcoin available in the market to sell off is insufficient, and institutions can easily absorb it. However, when institutions start to offload, the pullback will be severe, but right now, it's impossible to predict the peak.