The disappointment surrounding the US Strategic Bitcoin Reserve, expected to bolster Bitcoin adoption, highlights unrealistic investor expectations. President Donald Trump’s recent executive order on March 7 allows the use of seized Bitcoin from criminal cases. Following the announcement, Bitcoin's value dropped significantly. Regulatory expert Anastasija Plotnikova pointed out that the existing Bitcoin held by the government could be utilized, making the public discontent surprising. The order does not currently authorize government purchases of Bitcoin, but it does permit future buying strategies that wouldn't incur taxpayer costs. Despite these provisions, concerns over potential market volatility loom as analysts suggest Bitcoin could dip below $82,000 due to investor sentiment and macroeconomic factors. Additionally, the Crypto Summit hosted by Trump represents a notable shift in the administration's approach to the blockchain sector, indicating a potential long-term engagement with the crypto community.

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