Bitcoin could "rise and fall again" if the US strategic reserve is approved
A crypto analyst warns that the price of Bitcoin could experience volatility if the expected Bitcoin Strategic Reserve bill from the United States is approved.
A crypto analyst has warned that if approved, Senator Lummis's proposal for the US Government to acquire 5% of the Bitcoin supply could lead to increased price volatility in the short term.
I think it will be quite volatile; I don’t think we are going to go directly into the season of the #Altcoins👀🚀
Based on returns, many altcoins have not yet reached new all-time highs in terms of their performance against Bitcoin, "therefore, demonstrating that Bitcoin has always been a fruitful and competitive investment, even when compared against altcoins."