The whisper of Bitcoin joining the U.S. national reserve—backed by a fresh bipartisan push and a $115 billion proposal under the BITCOIN Act—feels like one of those market pivots that could rewrite the script. Proponents see it as a digital gold standard: BTC's fixed 21 million supply mirroring scarcity, a hedge against endless fiat printing—especially poignant after hitting an all-time high of $124,290.93 just last month on August 14. Detractors? Fair point on the swings—volatility that makes even the most stoic HODLer blink. But let's peel back the chart BTC/USDT 1-day timeframe to ground this in what's real, not hype.

Zooming to the past 30 days (August 18 to today, September 17), Bitcoin's ranged from a low of $104,800 (early August consolidation) to a high of $117,303, closing today at $116,843—a solid 11.25% net gain over the period, with an average close around $110,500. It's classic post-ATH digestion: a 0.99% dip month-to-date so far, but the last week? Up 4.8% ($5,600 swing), powering through a 24-hour pullback of 0.13% from yesterday's close. Volume's robust at an average 1.2 billion USDT daily—peaking near $1.47B mid-month on FOMO spikes—with today's 24-hour tally at $1.197 billion, no signs of thinning interest. Key levels? Support holds at $115,000 (triple-tested bounce last week), while resistance caps at $117,000-$117,300, that fresh ceiling from today's intraday push.

My take: This reserve talk isn't vaporware; a September roundtable with crypto execs and lawmakers lit the fuse, echoing corporate treasuries like MicroStrategy's playbook but at sovereign scale (1 million BTC targeted). If greenlit, it could absolutely spark the next leg up—think institutional FOMO on steroids, inflows dwarfing ETF launches. We've seen it before: BlackRock's filings alone juiced 20% rallies. Short-term, I'd eye $120,000 by October if we crack $117,300 cleanly, riding that weekly momentum. Long-term? $200k by mid-2026 isn't wild if reserves materialize—scarcity meets state adoption, squeezing supply as 28% of BTC goes illiquid per Fidelity's math.

Timeline-wise, implementation feels like 2026 at earliest: hearings through Q4, votes in a post-election haze. Approval? It'd domino—El Salvador's already in, Germany's eyeing exits from their stacks; expect BRICS chatter to amp up as a counterpunch. But volatility's the tax: a reserve buys the dip at $104k lows, not peaks—today's chart reminds us we're still 6% off that August ATH.

#BTC Reserve Market Impact# #Gate Square Mid Autumn Creator Incentive#