🔥 US Government to Acquire 5% of Bitcoin Supply? Market Shift Imminent!
Recently, US Senator Lummis proposed a striking initiative: the government to acquire 5% of the global Bitcoin supply to create a strategic Bitcoin reserve. This news has caused an uproar in the market! 💥
Ben Simpson, founder of Collective Shift, provided an interpretation:
1️⃣ Market Reaction May Rise Then Fall
If the proposal is approved, Bitcoin prices may see a sharp increase, followed by a short-term correction due to profit-taking. This volatility will be a dividing line between speculators and long-term holders!
2️⃣ Dominance May Gradually Decline
Simpson believes that as Bitcoin prices approach $100,000 and enter a consolidation phase, its market dominance may decline.
3️⃣ Signs of Altcoin Rise Are Apparent
Although a full-blown "altcoin season" has not yet arrived, the trend of capital rotation has quietly begun. Quality altcoins are attracting market attention, with some projects showing strong growth potential.
Interpretation 📊:
If the US government officially enters the Bitcoin market, this will establish a stronger global currency position for Bitcoin while attracting institutional funds to enter the market faster. But the "spring" for the altcoin market is also worth looking forward to! High-growth areas like Layer 2, Web3, and AI projects will become hotspots for capital chasing.
Investment Tips:
Short-term volatility is inevitable; long-term players should focus on fundamentally strong coins and avoid chasing highs and selling lows. Opportunities are always reserved for those who are prepared! 🚀
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