Satoshi Action Fund CEO Dennis Porter Predicts Two More States to Approve Bitcoin Reserve Bills Within 2 Months

Satoshi Action Fund CEO Dennis Porter Predicts Two More States to Approve Bitcoin Reserve Bills Within 2 Months

The cryptocurrency market is witnessing an unprecedented surge, with Bitcoin firmly at the center of a renewed bullish narrative. A growing appetite from sovereign wealth funds and large-scale institutional investors has been a key driver behind the digital asset’s robust upward momentum.







Recent market dynamics have highlighted a sharp uptick in investor sentiment. The Bitcoin Fear and Greed Index — a widely followed gauge of market emotion — has soared above 70, reflecting a clear tilt towards greed. This surge in positive sentiment coincides with Bitcoin’s impressive price performance, as it recently breached the $100,000 mark for the first time since the beginning of the year when U.S. President Donald Trump re-entered office.

Bitcoin’s ascent has notably eclipsed traditional safe-haven assets like gold, as well as broader stock markets, underscoring its growing appeal as both a store of value and a high-growth asset. Data from Kalshi, a prominent U.S.-based prediction market platform, suggests that Bitcoin has a strong probability of reaching a peak valuation of $131,000 by the close of 2025.

From a technical perspective, analysts are drawing parallels between the current price action and the 2017 bull market cycle. Historical chart patterns indicate that Bitcoin is potentially on the verge of another parabolic rally — a scenario that could unfold in the coming months if momentum continues to build.



With institutional interest rising and key market indicators flashing bullish signals, Bitcoin appears poised for a sustained climb. As always, while optimism reigns in the crypto community, investors are reminded to remain mindful of volatility and manage risks accordingly.

Dіѕсlаіmеr:

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