As per CryptoDnes, KuCoin's CIO Jeff Park suggested that if a developed, OECD-level government officially buys Bitcoin for its balance sheet, the price could surge to $150,000 in a single day. Park emphasized that the move must be a real sovereign acquisition, not political signaling. He also discussed how long-term Bitcoin holders may be selling due to concerns over quantum computing risks, though on-chain data from Glassnode shows the selling patterns are consistent with past bull cycles. Park believes that government action would shift market dynamics, making quantum risk and ETF flows secondary.
KuCoin Analyst Predicts $150K Bitcoin Price If Major Country Buys BTC
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