$BTC 📢 Trump announces strategic Bitcoin reserve, but the market reacts cautiously 📢
The recent announcement by former President Donald Trump about the creation of a strategic Bitcoin reserve has not generated the bullish impact that many expected. Despite the significance of the move, several factors have limited its effect on the price of BTC:
🔹 No new purchases will be made: The reserve will be funded with already confiscated bitcoins, without generating additional demand in the market.
🔹 Unmet expectations: Many investors were expecting massive government purchases, which would have driven the price of BTC up.
🔹 Possible selling pressure: Although the BTC in the reserve will not be sold, other confiscated cryptocurrencies could be liquidated, affecting the market.
The announcement has generated more doubts than enthusiasm among investors. Could the trend change in the future? 📊👀
