**🚨 Swiss National Bank REJECTS Bitcoin for Reserves – What It Means for Crypto**
### **🔍 TL;DR (Simple Summary)**
🇨🇭 **Swiss National Bank (SNB)** says **NO to Bitcoin** as a reserve asset ❌
📉 **Reason:** Bitcoin is **"too volatile"** for stable national reserves.
🏦 **Impact:** Other central banks may follow SNB’s cautious stance.
💰 **BTC Price Reaction:** Short-term FUD possible, but long-term adoption still growing.
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### **📈 3 TRADING STRATEGIES**
1️⃣ **Short-Term Caution (1-7 Days):**
- If **BTC dips below $65K**, watch for **buying opportunities** near support ($62K-$64K).
- **Altcoins may drop harder** – avoid low-cap coins until sentiment improves.
2️⃣ **Long-Term Hold (6+ Months):**
- **SNB’s rejection doesn’t kill Bitcoin’s adoption** – institutions like BlackRock & Fidelity still support BTC.
- **DCA (Dollar-Cost Average)** into BTC & ETH if you believe in long-term growth.
3️⃣ **Stablecoin Strategy (Safe Play):**
- If market reacts negatively, **park funds in $USDT/$USDC** temporarily.
- Wait for **clear reversal signals** before re-entering.