1. The United States' purchase of Bitcoin as a reserve will drive up the price of Bitcoin, while also driving other countries and large companies and financial institutions to buy Bitcoin, further pushing up the price.
It will definitely drive the prices up, we even heard news about German dumping their bitcoins and then the market dumped as well. So, if as big as the US government starts to buy Bitcoin, it will surely drive the prices not because they're buying but because believes what they do is the driving force for the demand to get higher and so as everyone will feel obliged to ride on that hype.