US Bitcoin Reserve Could Trigger Bull Run of Epic Proportions

US Bitcoin Reserve Could Trigger Bull Run of Epic Proportions

Bitcoin Bull Run of Epic Size Incoming? How US Accumulation Could Spark It

The U.S. could accumulate up to 400,000 bitcoins in 2025, a move that Devere Group predicts could trigger a massive bull run and reshape global markets. Nigel Green, CEO of Devere Group, an independent financial advisory firm, forecasts that this strategic reserve could significantly boost BTC’s value.

Green’s prediction aligns with the introduction of Senator Cynthia Lummis’ Bitcoin Act of 2024. The act proposes acquiring up to one million bitcoins over five years using Federal Reserve remittances. While the legislation is still in its early stages and subject to political negotiations, Green remains optimistic. He stated:

"The US will likely cement bitcoin as a cornerstone of its financial strategy, and this monumental decision will push bitcoin’s value to unprecedented levels."

Strategic and Geopolitical Implications

Green framed the initiative as more than just an economic maneuver, suggesting it serves as a geopolitical strategy to enhance the U.S.’s economic positioning. He elaborated:

"This is more than an economic initiative; it’s a geopolitical masterstroke. With this reserve, the U.S. not only strengthens its position as a crypto powerhouse but also secures the dollar’s relevance in an increasingly digital global economy."

Although achieving the full target of one million bitcoins remains uncertain, Green believes a reserve of 300,000 to 400,000 bitcoins would be sufficient to influence global markets. He added:

"The creation of a reserve of 300,000 to 400,000 bitcoins would likely trigger a bitcoin bull run of epic proportions, driving exponential value creation and reshaping financial markets."

A New Financial Era

While the Bitcoin Act is still under legislative consideration, its introduction signals a shift toward greater governmental acceptance of bitcoin. Green concluded:

"As the Bitcoin Act progresses through the legislative process, it’s clear we’re entering a new financial era. Bitcoin is no longer just a speculative asset. It is becoming a strategic tool for economic resilience and global competitiveness."