Bitcoin

<ul><li>Analyst Andrew Kang suggests Bitcoin might soon be a national asset in treasury reserves, gaining political support.</li><li>Highlighting Bitcoin&#39;s potential, Kang sees price targets of $500,000 to $1 million, even with conservative odds.</li><li>US adoption of Bitcoin as a national asset could trigger global financial shifts, influencing other countries to follow.</li></ul>Renowned Crypto analyst Andrew Kang recently suggested that Bitcoin (BTC) might soon be recognized as a national asset held as a treasury reserve by governments. Several politicians reportedly <a href="https://cryptotale.org/trump-announces-jd-vance-as-running-mate-crypto-community-reacts-positively/" rel="noopener noreferrer nofollow">support</a> this move, highlighting Bitcoin&#39;s growing significance in global financial strategies.In a recent X post, the analyst <a href="https://x.com/Rewkang/status/1814346998566342800" rel="noopener noreferrer nofollow">emphasized</a> Bitcoin&#39;s remarkable potential, noting its extraordinary asymmetric upside scenario. He pointed out that the potential remains significant even if initial attempts to adopt Bitcoin as a national asset fail.<img src="https://lh7-us.googleusercontent.com/docsz/AD_4nXfAAFoJhZDacZ0dNd8F6EO2U0RzIUBR29-3_3fPoTRa8cSKx4TABQkLr05d9jqJRxYcgXUmYZPhnz-RW0eEXYQnyIknX_r2ZY2NY1gahZE6vHZzlpV_sK_9sW7wnPnEyVJO8tBj3-aVTn0BlcKBV_FMjeRW?key&#61;Rtxm6HA01JzRFW_8PKbqkw" />Bitcoin could achieve mid-term price targets of $500,000 or even $1 million. Despite a conservative probability range of 5% to 10%, <a href="https://cryptotale.org/bitcoin-holders-drop-dramatically-is-this-a-sign-of-market-capitulation/" rel="noopener noreferrer nofollow">Bitcoin</a> remains vastly undervalued, given that the market has recently risen from less than 1%.<a href="https://cryptotale.org/bitcoin-becomes-central-to-national-and-corporate-strategies-analyst/" rel="noopener noreferrer nofollow">Read more on Cryptotale.</a>Visit the links for more information <a href="https://cryptotale.org/" rel="noopener noreferrer nofollow">Website</a> | <a href="https://twitter.com/cryptotalemedia" rel="noopener noreferrer nofollow">Twitter </a>| <a href="https://t.me/cryptotale_news" rel="noopener noreferrer nofollow">Telegram </a>| <a href="https://www.instagram.com/cryptotalenews/" rel="noopener noreferrer nofollow">Instagram </a>|

Bitcoin Becomes Central to National and Corporate Strategies: Analyst

CryptoTale

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