Will Bitcoin Sold Gold? Bernstein Bold forecasts for crypto funding

In a recent research report, Broker Bernstein emphasized that the US Working Group for Crypto will focus on the launch of the Bitcoin National Reserve, a move that could cause similar initiatives around the world. The report is significant, emphasizes several key issues about creating a strategic reserve.

According to the analysts guided by Gautam Chhugani, the next phase of Bitcoin Bika Market is set to shoot, drives several positive catalysts. The property manager advised investors to position themselves for the next phase of the bull market through Bitcoin and Bitcoin connected equality.

Fed to sell gold to finance BTC purchases?

The report has set key questions about whether the American federal reserve or vault would take the task of buying Bitcoin. If the Fed is on, it would require approval from the MP. It also investigates how Fed will be such a move, and Bernstein suggests that Fed will be able to do or sell some of its gold reserves to finance cryptocurrency.

In addition, the report suggests that the US government could include $ 20 billion in Bitcoin confiscated from criminal enterprises in any National Reserve.

Recently, Trump Administration also discovered plans to create a sovereign wealth fund (SVF), Bernstein noted that such a fund would review the key CRIPTO companies and market leaders as strategic assets worth investing.

Key catalysts for running bull

Furthermore, the analysts pointed out the recent SEC 13F noon as key catalysts for the next Bitcoin Bull. Mubadala, the sovereign wealth fund Abu Dabija, invested $ 437 million in Spot Bitcoin ETFS, while Goldman Sachs, Barclays and the company Paul Tudor Jones also increased its bitcoin farms.

Bernstein also pointed out the Strategy of 742 million Bitcoin Shopping, strong ETF styles, and SEC’s Collection of Sab 121 enabling custody with the crypt of banks as major drivers.

Bitcoin Book the race of heated!

The Race for the Reserve for American Bitcoin is heated, with 21 countries now proposing proposals for investing public funds in BTC. States such as Arizona, Texas, Illinois and Utah are already taking steps to add Bitcoin to their treasury. Toward VanberriesIf these accounts are underway, it could drive up to $ 23 billion demand for BTC.