BTC Medium-Term Trend Positive: Trump May Announce BTC as a US Strategic Reserve Asset
Ari Paul, Founder and CIO of BlockTower Capital, says the idea of the U.S. government holding Bitcoin as its strategic reserve may be good for its price, but it's unrealistic to achieve that goal in the short term. It's willing to bet 10:1 that the U.S. won't use bitcoin as a strategic reserve for the next four years. However, it believes that Trump may mention the news at the convention, which would indeed be very favorable to BTC's medium-term movement.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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