Butt Max co -founder Arthur Hess says the United States is unlikely to add more bitcoin to the United States reserves, which has already occupied the country’s highest debt level and the stereotypes behind the “Bitcoin Bruce”.
“I’m not really in the entire strategic reserve situation,” Hess said in an May 1 interview.
Hess has raided money plans for BitCoin
“The United States is a loss country. It is the only way to make a strategic reserve. It is not to sell bitcoin what they took from the people, okay, this is 200,000 bit coin.”
However, it is difficult to imagine any “properly elected” politician openly declare that the government plans to print money to buy BitCoin (BTC).
“Especially when a group of Bitcoin Bruce, who is going to the popular Dastan Club.”
“Do you really want people to think about your policy?” He asked.
On March 6, US President Donald Trump signed an executive order in the United States to build the Bitcoin Strategic Reserve and digital asset storage. According to recent data, the United States has more than $ 18 billion worth of Bitcoin 198,012 bitcoin. The reserve has primarily formed Bitcoin, which has been caught in criminal and civil cases, including Silk Road and Butt Finex Hack cases.
However, many leaders in the crypto industry believe that if the US government starts buying bitcoin, it can end the aggressive domino impact.
Exchange Agigator 1 -inch co -founder, Surge Kunz, said during the Quantal Graph’s long event in Dubai that if the United States starts buying bitcoin for strategic reserves, even smaller countries can struggle to get cryptocurrency soon.
He added. “I am sure that we will soon see who owns more bitcoin. America will start.”
Hess saw Bitcoin the Alt Coin Rotation Playbok kept alike
Hess is convinced that the Bitcoin cycle going to the Alt Coin Season will follow the same style as it did in 2021, despite the different views of other analysts.
Hess said, “I personally think that BitCoin is going back to the dominance where it was before the 2021 Alkine Season, which is about 70 %.”
https://www.youtube.com/watch?v=oqemr3g8dai
Hess is not sure the sample will change. “Then people just start roaming,” he said. “It has returned to the height of all the time. The bull markets have returned, and the opposite coins should be done better. There should be a key word.” “Depending on what you buy,” he added.
Related: Fed rate deduction difficulties as well as Bitcoin price about ‘blast’ increases up to 60 %
According to trading view data, Bitcoin dominates – Bitcoin market capitalization ratio – the whole crypto market – is 64.78 % at the time of publication.
Since January 1, it represents an 11.68 % increase, when Bitcoin dominates less than 60 %, at a level where some analysts said that the opposite coin season would be peak before it began.
Several analysts suspected that BitCoin’s dominance would never return to 70 %.
One of these skeptics was Cryptovarian founder Benjamin Coon, who said in August that he did not think “it was going up to 70 %”, and his target for BitCoin’s dominance is 60 %.
Meanwhile, Ying Jo of Cryptoconte CEO in December said that “Altsen is no longer interpreted as Bitcoin’s asset circulation.”
He said the traditional signal indicates the launch of an alkaline season when the capital revolves in the opposite coins from Bitcoin. Instead, the volume of coin trading against the Stabon and Fat currency couple has become more common.
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