Bitcoin Drops After Trump's Big Crypto Move—But Here's Why the White House Summit Could Send It Soaring Past $100K
President Donald J. Trump's announcement of the Strategic Bitcoin Reserve has sent shockwaves through both political and financial circles, drawing both praise and criticism.
Trump’s U.S. Bitcoin Reserve Faces Criticism, But the Real Shockwave Is Coming at Today’s White House Crypto Summit
Washington, D.C. — March 7, 2025
President Donald J. Trump’s announcement of the Strategic Bitcoin Reserve has sent shockwaves through both political and financial circles, drawing both praise and criticism. While some view it as a monumental shift in the U.S. government’s stance on digital assets, others argue that without direct purchases of Bitcoin, it’s little more than a symbolic move.
However, all of this debate may soon be irrelevant.
Today’s White House Crypto Summit is expected to deliver the real bombshell: an official announcement that the U.S. government will begin actively buying Bitcoin, accelerating its rise past $100,000 and beyond.
The Initial Criticism: “A Pig in Lipstick” or a Game-Changer?
The initial reaction to Trump’s executive order was mixed. While Bitcoin maximalists welcomed the idea of a U.S. reserve, skeptics like Charles Edwards of Capriole Fund dismissed it as “a pig in lipstick,” arguing that merely holding previously seized Bitcoin doesn’t amount to a real commitment.
“No active buying means this is just a fancy title for Bitcoin holdings that already existed with the government,” Edwards stated, pointing out that without ongoing purchases, the move lacks teeth.
Additionally, Jason Yanowitz, co-founder of Blockworks, called it a “horrible precedent”, arguing that a government-run reserve without transparency risks distorting markets and undermining trust.
However, not everyone sees it this way. Russ Mould, investment director at AJ Bell, countered that this approach makes more sense than outright government purchases. “It would be bizarre for the U.S. to sell dollars to buy crypto when the dollar is the global reserve currency,” he explained.
Today’s White House Crypto Summit: The Real Turning Point
While the initial announcement was met with skepticism, today’s White House Crypto Summit is expected to change the narrative completely. Sources close to the administration suggest that President Trump will go beyond simply holding Bitcoin and will officially announce a government-backed Bitcoin acquisition strategy.
If this happens, it will be the single most bullish event in Bitcoin’s history — one that will likely send its price surging back toward $100,000 and beyond.
What We Know About the White House Crypto Summit
The summit, taking place today, brings together some of the biggest names in the cryptocurrency industry, including:
Michael Saylor (MicroStrategy) is one of Bitcoin’s largest corporate holders and an advocate for nation-state adoption.
Brian Armstrong (Coinbase CEO)—a key player in pushing for clearer U.S. regulations on Bitcoin and crypto trading.
Brad Garlinghouse (Ripple CEO)—representing the fintech and digital asset industry beyond Bitcoin.
Commerce Secretary Howard Lutnick—who has hinted that the U.S. is considering direct Bitcoin purchases.
Agenda Items:
Expansion of the U.S. Bitcoin Reserve
New regulations to legitimize and integrate crypto into the economy
Potential government-led Bitcoin accumulation strategy
The Game-Changer: U.S. Government to Start Buying Bitcoin?
Perhaps the biggest shock to the market will come from Trump’s expected announcement that the U.S. will not only hold Bitcoin but also begin actively buying it.
Commerce Secretary Howard Lutnick recently hinted at this possibility, stating that a budget-neutral strategy for acquiring more Bitcoin is under discussion. If this is confirmed at today’s summit, it will be a defining moment in Bitcoin’s transition from a speculative asset to a true global reserve currency.
If the U.S. government starts buying Bitcoin, expect a liquidity crisis as supply shrinks dramatically. Unlike traditional assets, Bitcoin’s fixed supply of 21 million coins means that as demand increases—especially from sovereign buyers—price can rise exponentially.
Bitcoin’s Market Reaction: Buy the Rumor, Sell the News — But Watch the Real Move
Bitcoin followed the classic “Buy the Rumor, Sell the News” pattern after Trump’s initial executive order. It ran up to $100,000 on speculation, only to drop sharply to $77,500 after the announcement.
But smart money knows that today’s Crypto Summit is the real catalyst. Already, Bitcoin is bouncing back toward $87,500, and once the White House confirms an active buying strategy, a full-scale rally is likely to follow.
How High Can Bitcoin Go?
If Trump’s government-backed Bitcoin accumulation plan is confirmed, expect an institutional and sovereign-level supply crunch that could:
Push Bitcoin past $100,000 within days
Trigger a wave of corporate and government buyers who don’t want to be left behind
Redefine Bitcoin’s role as a global monetary reserve asset
Final Thought: The Last Great Accumulation Phase Before Bitcoin Enters a New Era
What’s happening right now is bigger than just another price cycle — this is Bitcoin transitioning from a speculative asset to a sovereign-level reserve currency. And if history is any guide, those who hesitate now will be left watching from the sidelines as Bitcoin enters price discovery beyond anything we’ve seen before.
We’ve witnessed Bitcoin’s growth in phases:
Retail Speculation (2010–2016): Early adopters, cypherpunks, and tech enthusiasts accumulated BTC, treating it as a high-risk, high-reward asset.
Institutional Adoption (2017–2021): Hedge funds, corporations, and ETFs entered the space, legitimizing Bitcoin as a macro asset.
Sovereign Accumulation (2024–2025 and beyond): Governments are now not just regulating Bitcoin — they’re holding it as a national asset.
Today’s White House Crypto Summit is the tipping point where Bitcoin crosses from the institutional phase into the sovereign reserve phase — and that changes everything.
Bitcoin’s Supply Shock Is About to Go Nuclear
Bitcoin’s scarcity is its ultimate advantage. There will only ever be 21 million BTC, and we’re already seeing:
Over 19.6 million BTC mined
3–4 million BTC permanently lost
An increasing number of long-term holders refusing to sell
Now, add nation-state accumulation to the mix.
When the U.S. government officially announces an active Bitcoin purchasing strategy, other governments will have no choice but to follow. Countries with large dollar reserves — China, Russia, Middle Eastern nations — are already exploring ways to hedge against fiat devaluation and U.S. financial dominance.
If sovereign demand enters the market, the available supply will be obliterated. The moment governments start competing for Bitcoin, the price won’t just creep up — it will launch into a full-blown supply crisis, forcing higher bids just to secure liquidity.
A Market Event Unlike Anything We’ve Seen Before
Right now, Bitcoin’s market structure is already showing signs of an impending supply crunch:
✅ Record-low exchange balances — BTC is being pulled off exchanges at the fastest rate in history.
✅ Institutional buying is ramping up — Corporate treasuries, sovereign wealth funds, and ETFs are steadily accumulating.
✅ No meaningful sell pressure — Retail panic-selling after Trump’s announcement was immediately absorbed by buyers.
Bitcoin has already recovered from $77,500 to $87,500, and that’s before today’s summit. Imagine what happens when the U.S. confirms it’s a buyer.
The FOMO Will Be Unlike Anything We’ve Seen Before
Bitcoin is a network effect asset. The more people (or institutions, or governments) who adopt it, the more valuable it becomes. In previous cycles, it was retail FOMO that pushed Bitcoin to new highs. Then it was institutional FOMO.
Now we’re entering sovereign FOMO.
If the U.S. moves first, expect:
🚀 Other governments to rush in — No country wants to be the last to secure an appreciating reserve asset.
🚀 Corporations to double down — MicroStrategy and Tesla were the first movers in 2020; expect more Fortune 500s to join.
🚀 Bitcoin’s price to rapidly outpace traditional valuation models — Stock-to-flow? Outdated. Fibonacci extensions? Useless. This will be an entirely new ballgame.
The Last Cheap Bitcoin Before the Acceleration Phase
If you’re still waiting for Bitcoin to “go lower,” you might have already missed your last chance.
In 2020, people hesitated at $10,000, expecting it to drop.
In 2021, people hesitated at $30,000, thinking it was overvalued.
In 2024, people hesitated at $60,000, calling it a top.
Now, people are hesitating at $87,500, thinking it won’t break $100K.
They’re about to be proven wrong — again.
Today’s White House Crypto Summit isn’t just another event — it’s the official start of the sovereign Bitcoin era. And once that door is opened, there’s no turning back.
The Bottom Line
This is it. The last accumulation phase before Bitcoin enters a full-blown supply crisis driven by sovereign demand.
When the U.S. confirms its Bitcoin acquisition strategy today, expect:
✅ Institutional and government FOMO to hit like never before
✅ Bitcoin’s liquidity to evaporate, forcing higher and higher bids
✅ $100K BTC to become a baseline, not a ceiling
If you’re still on the sidelines waiting, you’re playing against history.
The next leg up is coming — and this time, it’s not just institutions pushing Bitcoin higher. It’s entire governments.
Buckle up. The real Bitcoin era starts now.
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