White House report omitted Bitcoin reserve update.
\nBTC holds steady near $118k with bullish technical signals.
\nETF inflows and low selling pressure fuel price optimism.<\/p>\n
Bitcoin (BTC) is entering August 2025 in a position of strength, despite growing anticipation over a missed opportunity in Washington.<\/p>\n
On July 31, the White House released its long-awaited crypto policy report, but to the dismay of Bitcoin advocates, it made no substantive update on the Strategic Bitcoin Reserve initiative first announced in March.<\/p>\n
Nevertheless, as the federal silence lingered, market indicators revealed that BTC could be gearing up for another bullish breakout.<\/p>\n
This disconnect between regulatory direction and market performance is reshaping sentiment as traders weigh both political cues and on-chain metrics.<\/p>\n
For months, Bitcoin supporters had looked forward to the July crypto policy report, especially after the Trump administration signalled a pro-Bitcoin stance earlier this year.<\/p>\n
In March, an executive order established the Strategic Bitcoin Reserve, drawing comparisons to El Salvador\u2019s bold accumulation strategy.<\/p>\n
Hopes were high that the report would outline further steps to expand the reserve or detail future BTC acquisitions by the US government.<\/p>\n
However, the 166-page report<\/a> only briefly mentioned the reserve initiative. Tucked away in its final section, the mention served more as a recap than an expansion plan.<\/p>\n While the document introduced detailed proposals on regulation, banking access, and tax reform, it failed to address whether the US would actively purchase Bitcoin as a strategic asset.<\/p>\n The omission disappointed many in the crypto community. Several analysts called it a missed opportunity, especially given Bitcoin\u2019s growing stature on the global asset leaderboard.<\/p>\n Still, others viewed the report\u2019s tone as a step forward, with Bitcoin now being discussed independently from other digital assets \u2014 a clear sign of evolving recognition.<\/p>\n Even without direct government support through reserve accumulation, Bitcoin\u2019s performance remains robust.<\/p>\n The cryptocurrency surged to a new all-time high of approximately $123,000<\/a> on July 14.<\/p>\n After a modest correction, it has been consolidating in a tight range between $117,000 and $118,000, currently trading at $118,383.<\/p>\n This steady behaviour comes even as the broader crypto market has experienced more dramatic swings.<\/p>\n The contrast has sparked speculation that Bitcoin\u2019s price is preparing for a sharp move. Given the current low selling pressure and increased institutional interest, any upward shift could gather momentum quickly.<\/p>\n The GENIUS Act, signed recently into law, also added to Bitcoin\u2019s tailwinds by making stablecoins more accessible.<\/p>\n Although rate cuts did not materialise in the latest Federal Reserve decision, the steady macro environment appears to be offering BTC room to rally independently.<\/p>\n Market structure continues to favour the bulls. Spot Bitcoin ETFs saw massive inflows in mid-July, with over $2 billion entering the market in just two days.<\/p>\n BlackRock\u2019s IBIT alone now holds more than $80 billion in assets under management. These ETFs are now among the largest Bitcoin holders, owning around 1.4 million BTC \u2014 roughly 6.6% of the total supply.<\/p>\n On the technical side, the MVRV ratio currently sits near its 365-day average at 2.2, historically a level that precedes major rallies.<\/p>\n Bollinger Bands are tightening, and the RSI remains neutral at 42.65, suggesting there\u2019s still room for price expansion.<\/p>\n\n Going by the technical analysis, if BTC breaks above $119,900, a return to its all-time high could be swift.<\/p>\n Trade volume also supports this outlook. In the past 24 hours alone, Bitcoin\u2019s volume rose by 12%, reaching $70.3 billion.<\/p>\n This growing activity, paired with strong holding behaviour among long-term investors, signals that upward pressure could intensify in the coming days.<\/p>\n The post Bitcoin price forecast: White House crypto report omitted BTC reserve update<\/a> appeared first on CoinJournal<\/a>.<\/p>","protected":false},"excerpt":{"rendered":" White House report omitted Bitcoin reserve update. BTC holds steady near $118k with bullish technical signals. ETF inflows and low selling pressure fuel price optimism. Bitcoin (BTC) is entering August 2025 in a position of strength, despite growing anticipation over a missed opportunity in Washington. On July 31, the White House released its long-awaited crypto […]<\/p>\n","protected":false},"author":0,"featured_media":4450,"comment_status":"","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"tdm_status":"","tdm_grid_status":"","footnotes":""},"categories":[1],"tags":[],"class_list":{"0":"post-4449","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-bitcoin"},"acf":[],"_links":{"self":[{"href":"https:\/\/digkrypton.com\/index.php\/wp-json\/wp\/v2\/posts\/4449","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/digkrypton.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/digkrypton.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/digkrypton.com\/index.php\/wp-json\/wp\/v2\/comments?post=4449"}],"version-history":[{"count":0,"href":"https:\/\/digkrypton.com\/index.php\/wp-json\/wp\/v2\/posts\/4449\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/digkrypton.com\/index.php\/wp-json\/wp\/v2\/media\/4450"}],"wp:attachment":[{"href":"https:\/\/digkrypton.com\/index.php\/wp-json\/wp\/v2\/media?parent=4449"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/digkrypton.com\/index.php\/wp-json\/wp\/v2\/categories?post=4449"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/digkrypton.com\/index.php\/wp-json\/wp\/v2\/tags?post=4449"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}Bitcoin (BTC) is resilient despite political ambiguity<\/h2>\n
ETF inflows and technical signals remain bullish<\/h2>\n