Sygnum forecasts that a $1 billion Strategic Bitcoin Reserve purchase could trig

[Primo1760]

Sygnum’s Head of Investment Research, Katalin Tischhauser, has forecasted a potential price trajectory for bitcoin in a scenario in which each $1 billion of inflows from a potential U.S. strategic bitcoin reserve could spark a multiplier effect — significantly expanding the digital asset’s market capitalization.

Speaking with The Block, Tischhauser explained that every additional billion dollars of inflow could add as much as $20 billion to bitcoin’s market cap — a phenomenon she attributes not only to the direct capital inflow but also to a significant upward price shock. “Each $1 billion of strategic reserve purchases could drive a 20x multiplier effect on bitcoin’s market cap,” Tischhauser said. The extra $19 billion in the multiplier projection, she noted, would come from the resultant demand shock and a squeeze on the already limited liquid supply of bitcoin.
https://www.theblock.co/post/338981/sygnum-forecasts-that-a-1-billion-strategic-bitcoin-reserve-purchase-could-trigger-a-20-billion-market-cap-surge?utm_source=CryptoNews&utm_medium=app&utm_campaign=shared

[TomPluz]

The market for Bitcoin is right now looking for excitement and good movements...and with that lacking it is currently moving sideways. The idea of a  U.S. strategic Bitcoin reserve is something that has been floating even last year and with the coming of Trump into the White House this is a big plan that may start to unravel but then this can take some time to put many elements in place. There is a bill in the US Senate right now on this matter and let's hope it can be approved soon so this Bitcoin reserve can be a big reality and one that will really push it to another level. Let's continue watching on this development.