Analysts predict Bitcoin volatility if US passes Strategic Reserve bill

Bitcoin may face volatility soon: With the proposal to acquire 5% of Bitcoin supply by the US government, experts expect short-term price volatility. Bitcoin, valued at 100,000 USD, might initially surge, then stabilize as market conditions evolve.

Institutional interest in Bitcoin continues: Despite a recent drop in Bitcoin’s market dominance to 56.63%, analysts expect sustained institutional demand. Predictions remain bullish, with VanEck setting a price target of 180,000 USD, indicating potential gains for investors.

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