TLDR

 

Multiple governments are beginning to build national Bitcoin reserves following the lead of the United States.
The United States reportedly holds around 200,000 Bitcoin which has influenced other nations to act.
Binance is helping countries set up Bitcoin reserves by advising them on wallet infrastructure and custody methods.
Smaller countries are starting with multi-signature custodial solutions before moving to self-managed cold storage.
A breakout pattern in Bitcoin’s price chart mirrors the setup that led to the 2023 rally after the FTX collapse.

Growing interest from global governments in Bitcoin reserves aligns with a strong bullish chart pattern, pointing toward a possible rally. Binance founder Changpeng Zhao stated that multiple countries are now entering Bitcoin, citing the United States as a catalyst. His comments came during a closed-door session, with chart signals supporting the timing of their entry.

U.S. Bitcoin Holdings Push Countries to Act

Governments are reportedly initiating national Bitcoin reserve strategies, influenced by the U.S. holding an estimated 200,000 BTC. Zhao emphasized that this move by one of the largest economies has driven urgency among other nations. Countries are now seeking assistance to navigate the technical and security aspects of reserve setup.

Binance is actively advising countries on wallet infrastructure and crypto storage frameworks as they plan their reserve entries. Zhao explained that initial reserves are small, but the process is strategic and deliberate. He recommended that governments begin with multi-signature custodial systems before shifting to cold storage as holdings grow.

💥BREAKING:

BINANCE FOUNDER CZ SAYS MANY COUNTRIES ARE BUYING #BITCOIN FOR THEIR RESERVES.

SUPER BULLISH! 🚀 pic.twitter.com/Owjyt668jX

— Crypto Rover (@rovercrc) July 5, 2025

The exchange helps nations evaluate their internal technical capacity and advises on institutional-grade custody solutions for long-term management. It offers a phased approach to security, stressing the importance of layered safeguards. Zhao noted that many governments lack in-house expertise, making third-party support critical during early stages.

Bitcoin Breakout Pattern Repeats Historical Setup

A recent breakout pattern on Bitcoin’s chart resembles the 2023 rally that followed the FTX crash and market turmoil. Price action formed a horizontal accumulation before breaking above a key descending resistance trendline. The same pattern has now emerged in 2025, under similar macroeconomic stress.

In 2023, geopolitical tensions and monetary shifts triggered price compression, which led to a sharp move upward once resistance broke. Analysts highlight that this type of breakout historically signals a major reversal and extended rallies. The current chart structure is considered a technical confirmation of continued upward momentum.

Crypto Rover’s chart shows that Bitcoin responded similarly after global fears like trade wars and currency instability. The pattern reflects investor moves during uncertainty, where decentralized assets often become preferred stores of value. The trendline breakout suggests Bitcoin may now be targeting higher resistance zones.

BITCOIN BREAKOUT INCOMING!

Peak FUD marked the bottom once again. pic.twitter.com/KhzV9rK522

— Crypto Rover (@rovercrc) July 5, 2025

With governments increasing crypto holdings and technical indicators aligning, market watchers are seeing convergence between institutional adoption and bullish signals. Bitcoin’s breakout under stress mirrors previous cycles where accumulation transitioned to rallies. This dual development may support broader market strength in the coming weeks.

The post CZ Confirms Countries Adding Bitcoin Reserves Amid Bullish Pattern appeared first on CoinCentral.

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Filed under: News - @ July 5, 2025 10:24 pm