Bitcoin, which already rides a wave of enthusiasm of the renewed investor, can suffer from increased value if the American virtual strategic reserve starts to collect encrypted currency.
Catalin Tishhauser, head of investment research at SYGNUM, expects that every billion dollars flows to BTC as part of such a reserve that could lead to a double effect, which may expand from the marketing of the marketing currency with $ 20 billion.
to talk To the block, Tischhauser explained that this phenomenon will be driven by direct capital leaks and a large upward pressure on prices.
“Every billion dollars of strategic reserve purchases can push a 20x multiplier effect on the maximum Bitcoin market,” Tischhauser edifice.
She added that the expected increase of 19 billion dollars exceeding the initial investment will result in increasing demand and hitting the grip on the limited bitcoin bitcoin already.
It should be noted that Bitcoin has emerged in the encrypted currency market. Coded The hegemony has recently increased to three years High amid the increasing fears of the trade war, indicating a safety journey between investors.
Bitcoin supplies inflame potential prices
Tischhauser stressed that the scarcity of BTC is easily traded to inflate the potential effect, saying that “the potential trauma of demand will be of great importance because the liquid supply of bitcoin is very small.”
Tischhauser assumed that primary flows are one billion dollars may “burn” to easily available BTC. A billion -dollar slides will face an increasingly restricted supply environment, which leads to “the shock of demand”.
SYGNUM Research Head highlighted that the expected increase in demand can arise from a variety of sources, including government governments and local governments that seek reserve assets, allocations from major investors, and corporate treasury.
It is worth noting that Blackrock makes it easier for investors to reach the leading cryptocurrency, after it recently revealed that it was appointed Unleashed Bitcoin Trading Product In Europe after the success of its fund in the United States
