“Bitcoin to $500,000 Is ‘EASY’ If Strategic BTC Reserve Happens”

Matt Hougan, Chief Investment Officer at Bitwise Asset Management forecast hinges on the potential establishment of a US Strategic Bitcoin Reserve (SBR). Addressing this, Hougan remarked, “If we do get a Bitcoin strategic reserve where the government is buying Bitcoin, as proposed in Senator Lummis’ bill for the government to purchase a million Bitcoin, $200,000 Bitcoin is going to be looking quaint. You’re going to be looking at three four $500,000 Bitcoin. It’s just too big a story because governments all around the world would have to do it.”

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Show Notes / News Resources:
✔ Bitcoin Technical Analysis: https://tinyurl.com/4jcfhny3
✔ Hut 8 surpasses $1B in Bitcoin holdings after $100M acquisition: https://tinyurl.com/2s3kuz2b
✔ El Salvador makes Bitcoin payments voluntary in $1.4B IMF loan deal: https://tinyurl.com/mufxcm5b
✔ Michael Saylor Willing To Advise President-Elect Trump On Crypto: https://tinyurl.com/4fz9u6xk
✔ Robert Kiyosaki: Bitcoin to $350K by 2025: https://tinyurl.com/3xr2msd5
✔ US Strategic Bitcoin Reserve Could Push Price To $500,000: https://tinyurl.com/v8mju5p3

🔴 Full Disclaimer: This video and its contents are for informational purposes only and do not constitute an offer to sell or trade, a solicitation to buy, or recommendation for any security, cryptocurrency, or related product, nor does it constitute an offer to provide investment advice or other related services by CryptoNewsAlerts. In preparing this video, no individual financial or investment needs of the viewer have been taken into account nor is any financial or investment advice being offered. Any views expressed in this video were prepared based upon the information available at the time such views were written. Changed or additional information could cause such views to change.