According to Jeff Park, head of alpha strategies at Bitwise Invest, the price of Bitcoin could potentially reach $1 million if the US creates a Bitcoin reserve. He believes that this is the only scenario in which Bitcoin could reach such a high price by 2025. However, Park predicts that only a small 10% chance of a federal Bitcoin reserve will occur next year. Earlier this year, Senator Cynthia Lummis introduced a draft bill that would require the U.S. Treasury to acquire 1 billion Bitcoins over five years, sparking discussions on the feasibility of such an idea. Polymarket buyers have a 31% chance perception of a Bitcoin reserve happening in 2025.



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