‘10:1’ odds against US Bitcoin strategic reserve by 2028: BlockTower Capital
BlockTower Capital CIO Ari Paul is prepared to “lay 10:1” against the possibility of the US creating a Bitcoin strategic reserve in the next four years.
The idea of the United States government holding a Bitcoin strategic reserve may be “bullish” for its price, but is unrealistic to actually come to fruition in the near term, according to chief information officer at BlockTower Capital, Ari Paul.
“I’d lay 10:1 against the US adding Bitcoin as a strategic reserve in the next 4 years,” Paul wrote in a July 18 X post.
“With that said, plausible to me that Trump might *say* it, which would be very bullish for the BTC medium time frame,” he added, amid traders pointing out the struggle that Bitcoin (BTC) has had reclaiming the $65,000 price level as support in recent times.
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Author: Ciaran Lyons
