Is the US Bitcoin Reserve Disappointment? Leading Experts Comment on the Decision! - Coin Bulletin

After the U.S.'s decision on Bitcoin reserves, experts believe that although it may create short-term disappointment in the markets, the decision is considered positive and symbolically important for the long-term Bitcoin (BTC) and crypto ecosystem.

The announcement by US President Donald Trump declaring the government's approximately 17.3 billion dollars worth of 198,000 Bitcoins as official reserves (BTC) has stirred up the crypto market. However, the disclosure that no new Bitcoin purchases will be made has caused a brief disappointment in the markets. Here are the market experts' comments on this development.

Disappointment arose from no new purchases being made

BRN analyst Valentin Fournier stated that the announcement of the presidential order clearly indicating that only the Bitcoins held by the government would be reserved and no new BTC purchases would be made has caused confusion among investors. Fournier said that this situation led to a daily drop of approximately 4% in the prices of Bitcoin, Ethereum (ETH), and Solana (SOL). He also interpreted the government's appointment of Trade Minister Howard Lutnick, who has close ties to MicroStrategy, as a possible indication of a secret BTC buying strategy.

TDX Strategies CEO Dick Lo highlighted that the market had excessively raised its expectations before the decision, triggering a temporary drop. However, according to Lo, the government's decision to clearly differentiate between Bitcoin and altcoins and not use taxpayers' money is clearly positive for the market. Lo also expressed optimism about potential positive tax policies that could emerge from the crypto summit at the White House.

The symbolism of the decision is more important in the long run

S&P Global Ratings Digital Assets Director Andrew O’Neill highlighted that the symbolic value of Bitcoin being officially recognized as a reserve by the US government for the first time is greater than the practical impact of this move. Emphasizing the importance of the decision in clearly distinguishing Bitcoin from other cryptocurrencies, O’Neill added that the uncertainty surrounding the increase in reserves has raised questions in the markets.

Coinstash co-founder Mena Theodorou reminded that there will not be immediate new BTC purchases, stating that the government's decision will be carried out with transparency. She noted that this situation will increase institutional investors' interest in the market but could create volatility in the short term.

Danny Chong, co-founder of Tranchess, supported Lo's views from TDX Strategies, stating that this decision will not only impact the US but also encourage other countries and institutional investors to build Bitcoin reserves. Chong emphasized that the US move will have a significant global impact.

Other countries may follow the U.S.

According to Danny Chong of Tranchess, for a major economy like the United States to accept Bitcoin as a reserve, it will serve as a strong reference for other countries aspiring to embrace Bitcoin at the institutional level and lead to a long-term increase in Bitcoin demand.

Experts such as Jeff Park and Jeff Lo believe that the negative impact in the markets in the short term will be replaced by positive results in the long term. Chong, co-founder of Tranchess, and Lo, CEO of TDX Strategies, describe this move as a significant turning point for Bitcoin to be accepted by a wider audience.

As a result, according to experts, the US's move has the potential to transform Bitcoin from a speculative asset into a macroeconomic reserve asset. This development could redefine Bitcoin's role in the global financial system.