Shin
53 posts

Shin
@Shin_ra
Gotta get it all from crypto | Passion should be a habit.
Katılım Şubat 2025
50 Takip Edilen28 Takipçiler
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@Ryojin_Kaze @JakeGagain JIM's exceptional qualities truly gives it a massive potential to be the next alpha!

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@TheEnglishApe @theunipcs @SBR_ETH Calling SBR bullish is an understatement. Such exceptional qualities are proof of the solid foundation it possess
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many seem to be significantly downplaying the second-order effects of Trump's establishment of a Strategic Bitcoin Reserve and its implications for the entire crypto ecosystem
- it is now clear that $18 billion worth of $BTC held by the U.S. government, along with any future BTC that might be confiscated, will not be hitting the market for a very long time. that's at least $18 billion of sell pressure or supply overhang removed for the foreseeable future!
- you can expect an unspecified amount of potential $BTC buy pressure into the Strategic Bitcoin Reserve—i expect this number to be a lot more than anticipated due to the political capital that would be gained from being pro-BTC
- dozens of US states are likely to follow suit and establish their own Strategic Bitcoin Reserves
- dozens of nation-states are likely to follow suit in short order to establish their own Strategic Bitcoin Reserves
- dozens of Sovereign Wealth Funds are likely to follow suit and start accumulating BTC
- multinational corporations and organizational behemoths are likely to follow suit by holding BTC on their balance sheets—the fact that the U.S. government has established a reserve for $BTC has effectively legitimized it as an asset class, removing fears about holding it and creating a compelling case for its inclusion on balance sheets
- the headlines and media coverage around the USA creating a Strategic Bitcoin Reserve is significant marketing for Bitcoin and cryptocurrency in general
- this could kickstart a potential 'arms race' to acquire $BTC should a lot of other nations join the Strategic Bitcoin Reserve party
this singular action has removed crypto's biggest supply overhang and potential sell pressure for the foreseeable future
while also setting things in motion to unlock unprecedented sources of buy pressure
the chatter and immediate price action around this Strategic Bitcoin Reserve that was just established reminds me of what happened immediately after the Bitcoin ETFs got approved
you had people saying things like:
'the ETF is the biggest ever crypto catalyst and now it's gone, what else can be bigger than this? of course crypto has to dump because there are no more catalysts'
'we've pumped hard for months heading into this catalyst and now there's nothing left to look forward to, so of course it's down only from here!'
i'm seeing similar sentiments around the Strategic Bitcoin Reserve, but if experience tells us anything, it is that this is just the beginning—not the end
with the ETF, fueled by ETF buy pressure, $BTC went on a monster rally shortly after the ETF launch sell-off and hit an all-time high before the halving—for the first time ever in its history
i think the odds are that the Strategic Bitcoin Reserve surprises many to the upside in a similar way to the ETFs
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