Buckle up for a Bull Run
The U.S. government is reportedly planning to buy up to 200,000 Bitcoin each year for the next five years, totaling an annual investment of $14 billion, or about $57.4 million daily.
Combined with daily purchases from MicroStrategy, this consistent demand could create a “floor” price of around $172,889 per Bitcoin, as these purchases stabilize and support the market at higher levels.
With Bitcoin’s finite supply and the possibility of other major players joining in, this sustained demand could drive prices even higher, especially after the next halving, when new Bitcoin supply will be cut in half, potentially raising the floor to $346,000 per Bitcoin.
This suggests that a significant upward trend in Bitcoin’s value could just be beginning.