Scott Bessent Bitcoin Reserve: No Buying, BTC Pullback Fears Grow

Scott Bessent Bitcoin Reserve Stance: BTC Pullback Ahead Without Buys

The crypto world woke up to an interesting news today that the U.S. Treasury is holding billions in world's largest cryptocurrency but won’t buy any new coins. Sounds strange, right? That’s exactly what Scott Bessent Bitcoin Reserve plans reveal. 

This announcement has left crypto traders asking: Is this a secret boost for BTC price analysis, or is it just a pause before the next market shake-up?

Let’s break down what this really means, what charts are saying, and why this could be a turning point for this cryptocurrency.

Inside The U.S. Treasury Scott Bessent Bitcoin Reserve Stance

In the big Scott Bessent news today, he announced that the US government will have a protected fund, but they won’t buy new coins. Instead, they will use seized crypto king assets, which are already in the government’s possession.

Scott’s comment:
"We'll have a Bitcoin Reserve, but, of course, we won't actually be buying any coins."

Source: Walker X Account

According to him, the value of this backlog is around $15 billion to $20 billion. He also mentioned that the US Treasury will stop selling the tokens it already holds. This BTC reserve news is getting everyone in the crypto world talking.

$BTC Price Crash: Will This Reserve Strategy Change Anything?

At the time of writing, according to the TradingView chart analysis, the token is now trading near $119,132, down about 3.43% today. It recently went up to $124K, but some traders took profits, causing a small price crash buzz.

Looking at the charts:

• RSI is 55.22, which means the coin is not overbought. There is still room for the price to go up if buyers return.

• MACD shows that it is still in a positive trend, but the momentum is slowing.

This is why experts are watching the BTC USD technical analysis closely, and it might actually help stabilize the crypto market in times of high volatility.

Bitcoin Price Prediction Technical Outlook: What Could Happen Next?

Bullish Scenario:

• If it stays above $118K, it could test $122,000–$124,000 again.

• A daily close above $124K may lead to a rise towards $128,000–$132,000.

Bearish Scenario:

• If the price drops below $118,000, token could retest $115,000 support.

Watching trading volume and momentum is important for BTC price prediction. The market could go either way depending on buyer and seller behavior amid Scott Bessent $BTC reserved stance.

Conclusion: Will Scott Bessent News Today Trigger a $BTC Pullback or Rally?

With the Treasury holding a backlog, stopping sales, and using seized coins, every move near $118K–$124K is now very important to decide whether its rally or pullback ahead. This strategy makes bitcoin news today exciting for traders and investors alike.

With the Scott Bessent Bitcoin Reserve, technical signals, and market psychology all coming together, currency’s next moves could define its trend for months. 

Investors should watch carefully because it may just be a pause before a big breakout. So always do your own research to avoid high risks in this volatile market.