VanEck

Matthew Sigel, the head of digital asset research at VanEck says we can expect unprecedented demand for Bitcoin when the strategic bitcoin reserves for the interested US States fall into place.

We can expect an influx of 23 trillion US dollars into the crypto market. It would catapult Bitcoin to 190000 USD by the end of this year. But that is a low estimate. It all dependance on the liquidity of the market. Such an influx of capital could push it to 500K.

Federal strategic reserve?

That is just what state reserves would do. But imagine what would happen if the federal government of the USA could implement a strategic bitcoin reserve… It would push other countries to do the same and that would take bitcoin to stratosphere!

Interesting times!

Sincerely,

Pele23

Posted Using INLEO