Countries are accumulating now. There are several countries accumulating BTC and letting the public know, but I have to think that there are other countries that are front running the US policy proposed to accumulate and not sell BTC already in American possession.
Not only countries but several States are collecting BTC. And now next month, even Microsoft will be voting on whether or not to hold BTC as part of their reserves.
I have never been so bullish on BTC.
Countries, States, Large Corporations, Large ETFs and later in the game will be retailers. I think we will see large pension funds adding a small percent of BTC in their mix too.
It looks like we have started a SUPER CYCLE in BTC. As a result, I think this time around, Alt-Coin season will be muted. Staying with the OG, BTC.
This rally is driven by institutions and countries. GLTA.