A crypto analyst warns that if this legislation passes, it could cause significant short-term volatility.

📊 Summary of facts:

  • Senator Cynthia Lummis proposes that the US government acquire 1 million BTC and hold it for 20 years.

  • If approved, the move could strengthen Bitcoin's role as a store of value while causing prices to surge before a potential pullback.

🔍 Expert analysis:

  • Ben Simpson (Collective Shift) :

    • “Bitcoin could rise quickly, but a pullback is likely.”

  • $BTC dominance (56.63%) has already fallen by 7.2% in 30 days, signaling a gradual shift towards altcoins.

📈 Altcoins on the rise?

  • Many traders, like Momin, anticipate a sharp rise in altcoins in the coming weeks.

  • However, Simpson remains cautious: “The altcoin season will not be linear, expect volatility.”

💡 Bitcoin: a key institutional asset
Bitfinex analysts confirm that Bitcoin remains an attractive investment for institutions. Even after a possible correction, the asset will continue to strengthen thanks to growing demand and its role as the “new digital gold.”

📌 Future goal:

  • Bitcoin could hit $180,000 at the peak of this cycle, VanEck says.

💬 And you? Do you think this proposal from the US government could shake up the market? Do you prefer to bet on altcoins or stay loyal to Bitcoin?

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