At this point I think it's one of two options.
1- Trump and Musk start using government money to build a "strategic reserve", and the BTC price goes way beyond 350k.
2- They decide not to, and we enter a vicious bear market.
A bear market just because the USA decide not to use bitcoin as a strategic reserve? So pretty much the whole bitcoin world is just waiting for Trump to make a decision? It doesn't make any sense. If it happens, good, if it doesn't happen, well, I'm pretty sure bitcoin will survive also this time, just like it always did in the past. I feel like that the US strategic reserve is becoming the new "China bans bitcoin" fud.
Yep, would stay on that point too.
Surely it would cause a dip for some time, but I think the bear market would be triggered by a much bigger cascade of events than only US saying or deciding something.
The market should first feel that the rally for Bitcoin is halting.