Is the Strategic Bitcoin Reserve Really Going to Send Bitcoin Skyrocketing in Value? (The Answer Might Surprise You)
On the surface, the newly announced Strategic Bitcoin Reserve sounds like the perfect catalyst for sending Bitcoin (CRYPTO: BTC) higher for years to come. In fact, in the days following the official announcement of the Strategic Bitcoin Reserve, the price of Bitcoin actually fell. The first thing that you need to know is that many crypto market participants found the official announcement of the Strategic Bitcoin Reserve underwhelming at best.