From Retention to Accumulation: The 2026 Turning Point
The year 2025 marked a transitional phase for Bitcoin. The executive order signed by Donald Trump halted the sale of seized BTC by the US government, putting an end to latent selling pressure. But this decision was merely the first step.
The real stakes now lie in the shift from passive HODLing to active accumulation. The proposal championed by Cynthia Lummis, targeting up to 1 million BTC, represents a historic paradigm shift. Even without immediate adoption, the mere fact that this scenario is being debated at the legislative level keeps a lasting bullish sentiment alive.
This anticipation acts as a psychological floor for the market. Despite indicators occasionally overheating, no major correction is taking hold, with investors preferring to remain positioned in the face of a potential, unprecedented state-level catalyst.
Supply Shock, Institutions, and the Race to $100,000
The macro backdrop of early 2026 reinforces this explosive scenario. Private players like MicroStrategy are continuing their aggressive accumulation, while regulatory clarity progresses, strengthening Bitcoin’s status as an institutional reserve asset.
If the US government were to enter the market, an immediate supply shock would become inevitable. Reserves on exchanges are already at historic lows, and demand via spot ETFs continues to absorb available liquidity. Sovereign buying pressure could be enough to propel the price to a new ATH within a matter of weeks.
Hovering around the $90,000 mark, the $100,000 resistance level appears more fragile than ever. The key question remains: should one anticipate state intervention or wait for official confirmation? One certainty dominates the market, however: volatility in the coming weeks will be extreme, and the time factor is becoming central.
Related Articles:
