Why Is Bitcoin Going Up? Saylor Warns: "Only One Country Can Buy 20% of BTC"

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Michael Saylor warned that the United States risks missing amajor financial shift. Speaking at CPAC 2025, the executive chairman ofStrategy (formerly MicroStrategy) argued that the US has a chance to acquire20% of Bitcoin’s supply. He said this could strengthen the dollar and bringeconomic benefits."The US could own 20% of the network like that—forfree," Saylor said. "The dollar would strengthen, the nation would beenriched, and we could generate a $50 trillion to $80 trillion benefit for theUnited States."Meanwhile, BTCUSD has been moving upwards, following atrendline on the H1 chart. The cryptocurrency has experienced two consecutivebullish days.Bitcoin Could Reduce US National DebtSaylor compared Bitcoin to historical US acquisitions likethe Louisiana Purchase and Alaska. He claimed that Bitcoin is a new digitalfrontier that the US must control before rivals act. He pointed to China,Russia, and Europe as potential competitors.🇺🇸 Michael Saylor believes that only one nation-state has the potential to acquire 20% of the #Bitcoin supply—and he thinks it will be the United States.🚀 Buy #Bitcoin now in the BlackFort Wallet AppDownload now ⤵️https://t.co/bx6egCyr3c#Crypto #BTC #MichaelSaylor #USA… pic.twitter.com/m2FQuQN1Wx— BlackFort Wallet (@blackfortwallet) February 20, 2025He suggested that Donald Trump understands Bitcoin’s value.He hinted at discussions among political leaders about Bitcoin’s role in the USeconomy. He argued that Bitcoin could help reduce national debt and improvefinancial stability.Only One Nation Can Dominate Bitcoin"There is only room for one country to buy 20% of thenetwork," Saylor said. "And once that happens, it’s over."He described Bitcoin as a secure asset that governmentscannot manipulate. He claimed that integrating it into US reserves couldattract global capital and strengthen the financial system.Saylor concluded by stressing urgency. He argued that onlyone country can take 20% of Bitcoin’s supply and that the US must act beforeothers do.BTCUSD Eyes 100K with Bullish BreakoutThe BTCUSD H1 chart shows an uptrend, following a trendline.The cryptocurrency has formed two bullish candles on the daily chart. As ofnow, it's trading around 98.850, where it faced rejection last week.A bullish breakout at this level could push the price toward100K. However, if the price faces rejection again at the horizontal resistance,it may consolidate between the trendline's support and the horizontal level.Earlier, DeepSeekAI has presented three potential scenarios for Bitcoin in 2025. In the basecase, Bitcoin is expected to trade between $100,000 and $150,000, according to Finance Magnates.In a bullish "hyperbitcoinization" phase, theprice could reach $350,000. A black swan scenario, however, suggests Bitcoincould peak at $500,000. These projections are based on expectations ofincreased institutional adoption and greater acceptance of blockchain in globalfinance.This article was written by Tareq Sikder at www.financemagnates.com.