Washington wants Bitcoin on the balance sheet. Traders aren’t so sure. But while policymakers pitch million-dollar BTC dreams, the chart tells a different story — momentum is stalling, and traders are bracing for a make-or-break moment.
Think Tank Floats $1M Bitcoin on U.S. Buying Spree
It all started with a bold what-if. Zach Shapiro, head of policy at the Bitcoin Policy Institute, said in a Bitcoin Magazine podcast that if the U.S. were to buy 1 million Bitcoin, the price could catapult straight to $1 million per coin.
“If the United States announces that we are buying a million Bitcoin, that’s just a global seismic shock,” said Shapiro. “I think we’d probably go very quickly to something like a million dollars per Bitcoin.”
It’s not just hypothetical chatter either. This comes on the heels of President Trump’s March 7 executive order to establish a Strategic Bitcoin Reserve. The directive even included a call for “budget-neutral” acquisition methods—which brings us to the tariff play.
Tariffs Could Fund Bitcoin Buys
According to BPI executive director Matthew Pines, tariff earnings could be used to buy Bitcoin without dipping into taxpayer funds. As he put it, “Revenues that the government can use to acquire more Bitcoin would be things like tariff revenue or other fees… that are not tax-based fees.” That includes royalties from oil leases or proceeds from federal asset sales.
It’s a clever loop: use the spoils of protectionist policy to stack hard money.
And the timing couldn’t be more politically symbolic. The Trump administration just slapped a baseline 10% tariff on imports from every country, with higher reciprocal rates for nations taxing U.S. goods. That gives the Treasury a pool of potential dry powder—if it chooses to go digital.
Washington Pushes Bitcoin Reserve Plan
BPI’s Pines believes the U.S. becoming a “Bitcoin superpower” is as much about stockpiling as it is symbolism. “This is a measure of how much the United States is making good on that rhetorical objective,” he said.
Meanwhile, Senator Cynthia Lummis has reintroduced the BITCOIN Act to help push holdings past the 1 million BTC mark. The idea? A national hedge—especially as inflation risks rise and digital assets grow more strategic.
Market Signals Flash Red as Bitcoin Fights to Hold $83K
While the long game might sound bullish, short-term charts are flashing warning signs. Bitcoin has failed multiple attempts to crack the $86,000 resistance level since Sunday.
Momentum indicators are now flirting with a bearish crossover. The 50- and 100-hour moving averages are sliding, while the MACD histogram is losing steam. A break below $83,000 could open the gates to a sharp move down to $75,000. Bulls will need a solid close above $86,000 to revive the rally.
So while the headlines scream “Bitcoin to $1M,” the charts are whispering caution.
At the time of writing, Bitcoin is sitting at $83,833.
