The "Arizona Bitcoin Reserve Act" has been passed by the legislature, making it the first state in the U.S. to establish a Bitcoin reserve. With this beginning, other states in the U.S. are sure to follow suit and, according to current information, 20 states have already proposed similar Bitcoin reserve bills. If fully implemented, this could lead to approximately $23 billion in Bitcoin buying demand. Therefore, the price of $BTC is certainly expected to rise accordingly. Additionally, President Trump has proposed establishing a national-level cryptocurrency strategic reserve, further boosting market attention on Bitcoin. All of this is a positive indication. Currently, $BTC is in a period of fluctuation. During the Middle East conference at the end of April, Bitcoin's pullback can be used to increase positions, with optimism for breaking new highs in the second half of the year.
