Bitcoin Eagle 🦅 12.26 Precise Market Analysis @Everyone

Good morning, brothers. BTC is once again challenging the 100,000 mark,

currently, altcoins have not followed, and market funds are insufficient.

Let us look forward to the big market. Does BTC have support,

can it break through the previous high?

Yesterday, the Russian finance minister said that Russia is using Bitcoin for international trade,

this is the result of legislative changes that allow such use to respond to Western sanctions.

He believes that cryptocurrencies have unique advantages in mitigating risks related to sanctions, inflation, and currency fluctuations.

This year, Russia has allowed the use of cryptocurrencies in foreign trade,

and has taken measures to legalize cryptocurrency mining.

Recently, BTC has surged strongly,

it may be related to countries like Russia and Iran being sanctioned by the U.S. secretly buying BTC.

It is unknown whether the Chinese government is secretly buying,

but currently, Russia has been confirmed.

As the date of Trump's inauguration approaches,

some U.S. states have begun to test the waters:

attempting to include BTC in state financial strategic reserves.

In the days when BTC fell,

on December 17, Ohio proposed a bill,

to establish a strategic Bitcoin reserve in the state.

Texas proposed a bill in December

to establish a Bitcoin reserve.

In November, Pennsylvania

proposed to use 10% of the state’s general fund

to purchase nearly 1 billion dollars worth of Bitcoin.

By 2025, it is estimated that at least one U.S. state will establish a Bitcoin strategic reserve.

Cities outside the U.S., such as Vancouver, may also establish Bitcoin reserves.

These are all factors driving BTC upward.

BTC is strong, and altcoins benefit from it.

Therefore, there is still play in the cryptocurrency world.