The government of a country buying crypto periodically will certainly affect the price positively and negatively, they are equally known as the whales if you take a look closely which can influence the market in the way they want? I don't think so. The market already works with demand and supply, so if there are many executed volumes of buy order, then we should just expect a price increase of Bitcoin everyday.

Another point is that, what should we expect if a pandemic would happen and the government of all Bitcoin reserve countries sells off their reserved assets, can we survive the bear market that would arise that time? I think the strategic is both positive and negative to the market, imo

I agree with what you said that ETFs and Bitcoin reserves will only make Bitcoin more centralized, but that's when Bitcoin is accessible to everyone, meaning that large institutions or governments can enter and exit at any time they want. And in facing this, Bitcoin holders must understand market dynamics and not be easily influenced by market speculation. Investing in a longer period is more recommended to secure more certain profits than just investing in the short term where the price direction can be more unpredictable.

I'm not spreading Fud but did you ever think that the hype around strategic reserve bitcoin would be the biggest catalyst that brought this bull run to its peak but it would also be the factor that sent the market into a bear market later this year?

I know people are optimistic and believe that this will easily become a reality but in reality, this will be an extremely difficult task if not impossible. So the opposite scenario is also entirely possible.

If Trump fails to include bitcoin in the US reserves, other countries will abandon the idea immediately and a sell-off is inevitable. I wonder if anyone has thought of this scenario?

If history repeats itself, we will enter bear season again this November and December and there will need to be a reason for the crash to begin. And what I mean is the hype around bitcoin reserves will get more intense in the coming months and will be the catalyst for a strong bull run. But then the US and other countries could declare that the idea of ​​bitcoin reserves is not passed by the end of the year and we will enter a new bear season.

The 2018 bear season started with the collapse of many ICO/IDO... and the 2022 bear season started with the collapse of Luna, FTX, and for the 2026 bear season we also need a reason and I won't rule this out.

I would like to add to add the State of Utah as well as Utah representative Jordan D. Teuscher one week ago introduces the Blockchain and Digital Innovation Amendments.



https://le.utah.gov/Session/2025/bills/introduced/HB0230.pdf

For sure there will be resistance but there are many followers who may consider the mindset that Trump is trying to implement and I am sure there will be many future presidents who will try to adopt Trump's steps when the election comes.
Some say this is just a promise because it may not see much implementation for a planned agenda but when it does work then there will be greater adoption for other country leaders.

El Salvador may be the state that has made a big move on bitcoin and they are a great example of why bitcoin can be so useful for growth even though it does not implement a direct reserve pattern.
Then there is the analysis of economic growth for other countries by making the difference that El Salvador has achieved itself so that the conclusions that he will take based on other steps forward.