How do you think the establishment of the Strategic Bitcoin Reserve will impact Bitcoin's long-term value?
Probably as more countries will also want to have bitcoin reserve
Are there specific price targets you're watching for in the near term?
$139000 to $150000. Although my prediction two years ago was $170000.
in 2021 it reached $70k because if you look at the costs of mining around the world, there were places that had mining costs of $75k/btc, meaning those people seen anything below $75k as discount, meaning they were willing to buy anything below $75k and see it as discount. which meant 2021 healthy tested near the worlds mining cost ceiling
this year that ceiling is above $400k
so although some thing $150k is a health 2x last cycle ATH...
the potential ceiling to test is much higher
i personally thing estimates of $150k are too low, and other influencers $1m is too high and totally pulled out their asses, but $400k is a fair figure thats backed by markets stats of world mining cost ceilings