Bitcoin’s Rocket Ride: 2 States to Jump on the Bandwagon—Here’s Why You Should Care

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  • Bitcoin has become the shiny new toy for sovereign wealth funds, and they can’t get enough of it.
  • Hold onto your hats! Bitcoin’s price is about to explode, possibly hitting $100k again—oh joy!

The states are catching on, folks. It’s like watching a slow-moving train gain speed, and guess who’s the engine? New Hampshire and Arizona, that’s who. They’ve already set the stage for Strategic Bitcoin Reserves (SBRs). Dennis Porter, the CEO of Satoshi Action Fund, is practically waving a flag saying, “Two more states are ready to jump in within two months.”

“This isn’t me just throwing spaghetti at the wall,” Porter said, “Two states are all but guaranteed to sign the SBR bills into law, especially with two already on board.”

And what does that mean for other states? Utah’s all in. After their Blockchain and Digital Innovation Amendments bill passed a house committee with an 8-1 vote earlier this year, it’s clear where they’re headed. Texas, that big ol’ state, is also looking likely to approve the bill within the next 60 days. Get ready for a stampede, folks!

The Bitcoin Price Rollercoaster: Buckle Up!

So, what’s been fueling this madness? Sovereign wealth funds are practically drooling over Bitcoin, and institutions are jumping on the bandwagon like a bunch of kids at a candy store. The Fear and Greed Index? It’s over 70%—so much greed, it’s almost embarrassing.

And in case you missed it, Bitcoin has recently outshone gold and the stock market. It shot past $100k like it was nothing. Oh, and don’t forget—this happened while Trump was still in office. Remember him? Yeah, that was a thing.

According to Kalshi, a U.S. prediction market, Bitcoin might just rocket to a mind-blowing $131k before 2025’s final bell rings. Sure, why not?

If you ask the technical analysts (who are always right, of course), they’re saying this price action mirrors the 2017 bull market. So brace yourself for a parabolic rally—because we’re about to take a ride that’ll make your head spin.

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2025-05-10 00:08