Analysts predict that Bitcoin could rise to $1 million if the US Federal Reserve takes control of it, but that will take time.
“The head of Alpha Strategies with Betwise Asset Management is making rare estimates, at best, of such a reserve being placed in 2025 of 10% or less,” the analyst adds.
Many people don't like this idea, however if implemented it would destroy the industry.
Bitcoin Strategic Reserve
The Fed’s Bitcoin policy will turn cryptocurrencies into government currencies. Every strategic asset, such as Bitcoin, will be purchased using U.S. Treasury cash.
Park claims that only by building up savings can Bitcoin reach 1 million by 2025.
On the X platform, Park said, “The chances of this happening are slim as analysts have given less than 10%, forecasting September 2025. The forecast will only remain valid if Bitcoin surpasses $1 million.”
Bitcoin Price Prediction: Trends, Strategic Support and Resistance Levels
The market optimism has made Bitcoin worth $94,570 with a trading volume of $40.18 billion, down 1.75% in 24 hours. The price is below $95,000, but $96,850 is the resistance level. After seeing the bottom, I understand several interesting aspects of the game.
The closest support levels are 92140 and 90400. The dynamic structures have helped define the market, but if prices break these parameters, 98,330 and 100,250 are within reach.
US Strategic Bitcoin Reserve, Big Change?
Recent data suggests there is growing debate about a US strategic reserve. Some have suggested a goal of 1 million by 2025, which is unlikely.