{"id":380187,"date":"2025-03-08T13:56:26","date_gmt":"2025-03-08T08:26:26","guid":{"rendered":"https:\/\/dripp.zone\/news\/can-bitcoin-price-hit-200k-if-china-announces-btc-strategic-reserve-tomorrow-crypto-news\/"},"modified":"2025-03-08T13:56:26","modified_gmt":"2025-03-08T08:26:26","slug":"can-bitcoin-price-hit-200k-if-china-announces-btc-strategic-reserve-tomorrow-crypto-news","status":"publish","type":"post","link":"https:\/\/dripp.zone\/news\/can-bitcoin-price-hit-200k-if-china-announces-btc-strategic-reserve-tomorrow-crypto-news\/","title":{"rendered":"Can Bitcoin Price Hit $200K If China Announces BTC Strategic Reserve Tomorrow? &#8211; Crypto News"},"content":{"rendered":"<p><\/p>\n<div>\n<p><span style=\"font-weight: 400;\">Bitcoin price is dropping despite President Donald Trump announcing that the US government will not sell any of the nearly 200,000 BTC currently in its possession. However, speculation that China could follow in the US footsteps and launch its own BTC reserve has stirred market interest. If China were to announce a Bitcoin strategic reserve, would BTC price surge to $200,000?\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Bitcoin price today trades at $86,221 after a slight 2.5% drop in 24 hours.\u00a0<\/span><\/p>\n<h2><strong>Will China Launch a Bitcoin Strategic Reserve?\u00a0<\/strong><\/h2>\n<p><span style=\"font-weight: 400;\">Bitcoin price is poised for a parabolic rally if China launched a Bitcoin strategic reserve. According to CNBC, many countries including China and the Middle East are likely to adopt a Bitcoin buying strategy. It also added that there were reportedly <\/span><a rel=\"nofollow\" target=\"_blank\" rel=\"nofollow\" href=\"https:\/\/x.com\/WatcherGuru\/status\/1898054900006703511\"><span style=\"font-weight: 400;\">conversations within the Chinese government<\/span><\/a><span style=\"font-weight: 400;\"> to start buying BTC if the US starts accumulating the asset.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">China was once the world\u2019s largest Bitcoin miner before imposing a ban in 2021. CNBC believes that it would be very easy for the country to set up a BTC reserve if they start mining BTC again for the reserve. The country could also adopt a Bitcoin strategy to evade sanctions amid an <\/span><a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/coingape.com\/donald-trump-clarifies-start-date-for-tariffs-on-mexico-canada-bitcoin-to-80k\/\"><span style=\"font-weight: 400;\">ongoing tariff war<\/span><\/a><span style=\"font-weight: 400;\"> between China and the US.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">China has the second-highest Bitcoin holdings among countries after the US, with 195,000 BTC seized from the PlusToken crypto scam.\u00a0<\/span><\/p>\n<figure id=\"attachment_242948\" aria-describedby=\"caption-attachment-242948\" style=\"width: 1900px\" class=\"wp-caption aligncenter\"><img loading=\"lazy\" decoding=\"async\" class=\"size-full wp-image-242948\" src=\"data:image\/svg+xml,%3Csvg%20xmlns=\" http:=\"\" alt=\"Can Bitcoin Price Hit $200K If China Announces BTC Strategic Reserve Tomorrow? \" width=\"1900\" height=\"580\" data-lazy-srcset=\"https:\/\/coingape.com\/wp-content\/uploads\/2025\/03\/btc-.jpg 1900w, https:\/\/coingape.com\/wp-content\/uploads\/2025\/03\/btc--300x92.jpg 300w, https:\/\/coingape.com\/wp-content\/uploads\/2025\/03\/btc--1224x374.jpg 1224w, https:\/\/coingape.com\/wp-content\/uploads\/2025\/03\/btc--768x234.jpg 768w, https:\/\/coingape.com\/wp-content\/uploads\/2025\/03\/btc--1536x469.jpg 1536w, https:\/\/coingape.com\/wp-content\/uploads\/2025\/03\/btc--150x46.jpg 150w\" data-lazy-sizes=\"(max-width: 1900px) 100vw, 1900px\" data-lazy-src=\"https:\/\/coingape.com\/wp-content\/uploads\/2025\/03\/btc-.jpg\"\/><noscript><img loading=\"lazy\" decoding=\"async\" class=\"size-full wp-image-242948\" src=\"https:\/\/coingape.com\/wp-content\/uploads\/2025\/03\/btc-.jpg\" alt=\"Can Bitcoin Price Hit $200K If China Announces BTC Strategic Reserve Tomorrow? \" width=\"1900\" height=\"580\" srcset=\"https:\/\/coingape.com\/wp-content\/uploads\/2025\/03\/btc-.jpg 1900w, https:\/\/coingape.com\/wp-content\/uploads\/2025\/03\/btc--300x92.jpg 300w, https:\/\/coingape.com\/wp-content\/uploads\/2025\/03\/btc--1224x374.jpg 1224w, https:\/\/coingape.com\/wp-content\/uploads\/2025\/03\/btc--768x234.jpg 768w, https:\/\/coingape.com\/wp-content\/uploads\/2025\/03\/btc--1536x469.jpg 1536w, https:\/\/coingape.com\/wp-content\/uploads\/2025\/03\/btc--150x46.jpg 150w\" sizes=\"auto, (max-width: 1900px) 100vw, 1900px\"\/><\/noscript><figcaption id=\"caption-attachment-242948\" class=\"wp-caption-text\">BTC Holdings Per Country<\/figcaption><\/figure>\n<p><span style=\"font-weight: 400;\">MicroStrategy Executive Chairman Michael Saylor had earlier said that Trump\u2019s move to establish a <\/span><a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/coingape.com\/vaneck-reveals-budget-neutral-ways-for-us-to-expand-its-bitcoin-reserve\/\"><span style=\"font-weight: 400;\">US Bitcoin reserve<\/span><\/a><span style=\"font-weight: 400;\"> was \u201ca turning point in the financial and geopolitical landscape of the 21st century.\u201d<\/span><\/p>\n<p><span style=\"font-weight: 400;\">If more nation-states start buying and holding Bitcoin it could push BTC price toward an all-time high and possibly $200K.\u00a0<\/span><\/p>\n<h2><strong>Analyst Maps Bitcoin Path to $200K\u00a0<\/strong><\/h2>\n<p><span style=\"font-weight: 400;\">Bitcoin is currently under bearish pressure amid a lack of strong demand in the broader crypto market. However, according to analyst MerlijinTrader, Bitcoin could hit $200K this year if it follows previous patterns.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">In his <\/span><a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/coingape.com\/price-predictions\/bitcoin-btc-price-prediction\/\"><span style=\"font-weight: 400;\">Bitcoin price prediction<\/span><\/a><span style=\"font-weight: 400;\">, the analyst noted that BTC was following the same cycle as in 2017 and 2022. Bitcoin was in the early stages of this cycle despite the recent pullback. If the bullish momentum resumes, BTC price could skyrocket towards $200,000.\u00a0<\/span><\/p>\n<figure id=\"attachment_242953\" aria-describedby=\"caption-attachment-242953\" style=\"width: 1327px\" class=\"wp-caption aligncenter\"><img loading=\"lazy\" decoding=\"async\" class=\"size-full wp-image-242953\" src=\"data:image\/svg+xml,%3Csvg%20xmlns=\" http:=\"\" alt=\"Can Bitcoin Price Hit $200K If China Announces BTC Strategic Reserve Tomorrow? \" width=\"1327\" height=\"817\" data-lazy-srcset=\"https:\/\/coingape.com\/wp-content\/uploads\/2025\/03\/Screenshot-2025-03-08-103520.jpg 1327w, https:\/\/coingape.com\/wp-content\/uploads\/2025\/03\/Screenshot-2025-03-08-103520-300x185.jpg 300w, https:\/\/coingape.com\/wp-content\/uploads\/2025\/03\/Screenshot-2025-03-08-103520-1224x754.jpg 1224w, https:\/\/coingape.com\/wp-content\/uploads\/2025\/03\/Screenshot-2025-03-08-103520-768x473.jpg 768w, https:\/\/coingape.com\/wp-content\/uploads\/2025\/03\/Screenshot-2025-03-08-103520-150x92.jpg 150w\" data-lazy-sizes=\"(max-width: 1327px) 100vw, 1327px\" data-lazy-src=\"https:\/\/coingape.com\/wp-content\/uploads\/2025\/03\/Screenshot-2025-03-08-103520.jpg\"\/><noscript><img loading=\"lazy\" decoding=\"async\" class=\"size-full wp-image-242953\" src=\"https:\/\/coingape.com\/wp-content\/uploads\/2025\/03\/Screenshot-2025-03-08-103520.jpg\" alt=\"Can Bitcoin Price Hit $200K If China Announces BTC Strategic Reserve Tomorrow? \" width=\"1327\" height=\"817\" srcset=\"https:\/\/coingape.com\/wp-content\/uploads\/2025\/03\/Screenshot-2025-03-08-103520.jpg 1327w, https:\/\/coingape.com\/wp-content\/uploads\/2025\/03\/Screenshot-2025-03-08-103520-300x185.jpg 300w, https:\/\/coingape.com\/wp-content\/uploads\/2025\/03\/Screenshot-2025-03-08-103520-1224x754.jpg 1224w, https:\/\/coingape.com\/wp-content\/uploads\/2025\/03\/Screenshot-2025-03-08-103520-768x473.jpg 768w, https:\/\/coingape.com\/wp-content\/uploads\/2025\/03\/Screenshot-2025-03-08-103520-150x92.jpg 150w\" sizes=\"auto, (max-width: 1327px) 100vw, 1327px\"\/><\/noscript><figcaption id=\"caption-attachment-242953\" class=\"wp-caption-text\">Bitcoin Historical Performance<\/figcaption><\/figure>\n<h2><strong>Key Levels to Watch in Bitcoin Price<\/strong><\/h2>\n<p><span style=\"font-weight: 400;\">Despite this bullish take, Bitcoin\u2019s 4-hour chart shows that bearish trends are still prevalent. The RSI is fluctuating below 50, indicating that sellers are in control. However, an ascending triangle pattern suggests that bulls could regain control.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">For Bitcoin to resume an uptrend and retake levels above $90,000, there needs to be a surge in demand. The volume profile bars show that at the current price, many traders are not willing to buy Bitcoin, which may inhibit the price action.\u00a0<\/span><\/p>\n<figure id=\"attachment_242951\" aria-describedby=\"caption-attachment-242951\" style=\"width: 1781px\" class=\"wp-caption aligncenter\"><img loading=\"lazy\" decoding=\"async\" class=\"size-full wp-image-242951\" src=\"data:image\/svg+xml,%3Csvg%20xmlns=\" http:=\"\" alt=\"Can Bitcoin Price Hit $200K If China Announces BTC Strategic Reserve Tomorrow? \" width=\"1781\" height=\"799\" data-lazy-srcset=\"https:\/\/coingape.com\/wp-content\/uploads\/2025\/03\/BTCUSD_2025-03-08_10-33-06.png 1781w, https:\/\/coingape.com\/wp-content\/uploads\/2025\/03\/BTCUSD_2025-03-08_10-33-06-300x135.png 300w, https:\/\/coingape.com\/wp-content\/uploads\/2025\/03\/BTCUSD_2025-03-08_10-33-06-1224x549.png 1224w, https:\/\/coingape.com\/wp-content\/uploads\/2025\/03\/BTCUSD_2025-03-08_10-33-06-768x345.png 768w, https:\/\/coingape.com\/wp-content\/uploads\/2025\/03\/BTCUSD_2025-03-08_10-33-06-1536x689.png 1536w, https:\/\/coingape.com\/wp-content\/uploads\/2025\/03\/BTCUSD_2025-03-08_10-33-06-150x67.png 150w\" data-lazy-sizes=\"(max-width: 1781px) 100vw, 1781px\" data-lazy-src=\"https:\/\/coingape.com\/wp-content\/uploads\/2025\/03\/BTCUSD_2025-03-08_10-33-06.png\"\/><noscript><img loading=\"lazy\" decoding=\"async\" class=\"size-full wp-image-242951\" src=\"https:\/\/coingape.com\/wp-content\/uploads\/2025\/03\/BTCUSD_2025-03-08_10-33-06.png\" alt=\"Can Bitcoin Price Hit $200K If China Announces BTC Strategic Reserve Tomorrow? \" width=\"1781\" height=\"799\" srcset=\"https:\/\/coingape.com\/wp-content\/uploads\/2025\/03\/BTCUSD_2025-03-08_10-33-06.png 1781w, https:\/\/coingape.com\/wp-content\/uploads\/2025\/03\/BTCUSD_2025-03-08_10-33-06-300x135.png 300w, https:\/\/coingape.com\/wp-content\/uploads\/2025\/03\/BTCUSD_2025-03-08_10-33-06-1224x549.png 1224w, https:\/\/coingape.com\/wp-content\/uploads\/2025\/03\/BTCUSD_2025-03-08_10-33-06-768x345.png 768w, https:\/\/coingape.com\/wp-content\/uploads\/2025\/03\/BTCUSD_2025-03-08_10-33-06-1536x689.png 1536w, https:\/\/coingape.com\/wp-content\/uploads\/2025\/03\/BTCUSD_2025-03-08_10-33-06-150x67.png 150w\" sizes=\"auto, (max-width: 1781px) 100vw, 1781px\"\/><\/noscript><figcaption id=\"caption-attachment-242951\" class=\"wp-caption-text\">BTC\/USD: 4-hour chart<\/figcaption><\/figure>\n<p><span style=\"font-weight: 400;\">A bullish catalyst is needed to aid a Bitcoin price rally past the $90,000 psychological level. Plans for a Bitcoin reserve by the US, China, and other countries could aid this bull run, but the short-term sentiment remains weak.<\/span><\/p>\n<section class=\"accordion-content mt-4\" id=\"faq\">\n<h2 class=\"mb-4 h3 fw7\">Frequently Asked Questions (FAQs)<\/h2>\n<div class=\"accordion-item\">\n<div class=\"faq-item-content\" style=\"\">\n<p>\n                            \tBitcoin price can reach $200,000 if more countries start to accumulate BTC for a crypto reserve. <\/p>\n<\/p><\/div>\n<\/p><\/div>\n<div class=\"accordion-item\">\n<div class=\"faq-item-content\" style=\"\">\n<p>\n                            \tSpeculation is rife that the Chinese government is holdings discussions to launch a strategic Bitcoin reserve. <\/p>\n<\/p><\/div>\n<\/p><\/div>\n<div class=\"accordion-item\">\n<div class=\"faq-item-content\" style=\"\">\n<p>\n                            \tChina holds 195,000 BTC seized from the PlusToken scheme. This is the second-highest amount of Bitcoin held by any country. <\/p>\n<\/p><\/div>\n<\/p><\/div>\n<\/section>\n<p>                                <!-- \n\n<div class=\"desktopPostEnd d-on\"><\/div>\n\n --><\/p>\n<div class=\"m-on mobiless\">\n<div id=\"social-section-new\">\n<p>\u2713 Share:<\/p>\n<p>                                  <a rel=\"nofollow\" target=\"_blank\" class=\"social-text_new wp_new\" href=\"https:\/\/api.whatsapp.com\/send?text=https:\/\/coingape.com\/markets\/can-bitcoin-price-hit-200k-if-china-announces-btc-strategic-reserve-tomorrow\/\" target=\"_blank\" style=\"display: block\">  <i class=\"fa fa-whatsapp\"\/><\/a><\/p>\n<div>\n                                <a rel=\"nofollow\" target=\"_blank\" class=\"social-text_new tw_new_logo\" href=\"https:\/\/twitter.com\/intent\/tweet?text=https:\/\/coingape.com\/markets\/can-bitcoin-price-hit-200k-if-china-announces-btc-strategic-reserve-tomorrow\/\" target=\"_blank\"><br \/>\n  <img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/cdn.coingape.com\/wp-content\/uploads\/2023\/08\/14164721\/x-logo.png\" class=\"mb-1\" alt=\"coingape\" width=\"30\" height=\"30\"\/><br \/>\n<\/a>\n                                <\/div>\n<\/p><\/div>\n<\/p><\/div>\n<div class=\"authorBoxnew newauthordesign\">\n<div class=\"author_Ndata d-flex align-items-center mb-2\">\n<div class=\"author_Image\">\n                                           <img loading=\"lazy\" alt=\"\" src=\"data:image\/svg+xml,%3Csvg%20xmlns=\" http:=\"\" data-lazy-srcset=\"https:\/\/secure.gravatar.com\/avatar\/6efc8974f41600ded0ff3e8b454dc03b?s=400&#038;d=mm&#038;r=g 2x\" class=\"avatar avatar-200 photo\" height=\"200\" width=\"200\" decoding=\"async\" data-lazy-src=\"https:\/\/secure.gravatar.com\/avatar\/6efc8974f41600ded0ff3e8b454dc03b?s=200&#038;d=mm&#038;r=g\"\/><noscript><img loading=\"lazy\" alt=\"\" src=\"https:\/\/secure.gravatar.com\/avatar\/6efc8974f41600ded0ff3e8b454dc03b?s=200&#038;d=mm&#038;r=g\" srcset=\"https:\/\/secure.gravatar.com\/avatar\/6efc8974f41600ded0ff3e8b454dc03b?s=400&#038;d=mm&#038;r=g 2x\" class=\"avatar avatar-200 photo\" height=\"200\" width=\"200\" decoding=\"async\"\/><\/noscript>                                  <\/div>\n<p>muthoni  <\/p>\n<\/p><\/div>\n<p>Muthoni Mary is a seasoned crypto market analyst and writer with over three years of experience dissecting blockchain trends, price movements, and market dynamics. With a sharp eye for technical analysis and an in-depth understanding of on-chain metrics, she delivers insightful, data-driven content that helps investors navigate the fast-paced world of digital assets.                     <\/p>\n<\/p><\/div>\n<p>Disclaimer: The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.<\/p>\n<\/p><\/div>\n<p><script async src=\"\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Bitcoin price is dropping despite President Donald Trump announcing that the US government will not sell any of the nearly 200,000 BTC currently in its possession. However, speculation that China could follow in the US footsteps and launch its own BTC reserve has stirred market interest. If China were to announce a Bitcoin strategic reserve, [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[173],"tags":[],"class_list":["post-380187","post","type-post","status-publish","format-standard","hentry","category-others"],"_links":{"self":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/380187","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/comments?post=380187"}],"version-history":[{"count":0,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/380187\/revisions"}],"wp:attachment":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media?parent=380187"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/categories?post=380187"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/tags?post=380187"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}