K33: Trump's strategic Bitcoin reserve assessment deadline is approaching, BTC performance appears strong

Odaily Planet Daily News K33 analysts said that Bitcoin prices have risen 9% in the past week and currently look "strong" ahead of the deadline for the U.S. Treasury Department's strategic Bitcoin reserve assessment. Analysts also believe that after Strategy released its first-quarter earnings report on Thursday, market expectations that the company will launch a new market plan have strengthened the bullish outlook. In addition, Trump instructed Treasury Secretary Scott Bessant and Commerce Secretary Howard Lutnick to develop budget-neutral strategies to acquire more Bitcoin, provided that these strategies do not impose incremental costs on U.S. taxpayers. K33 Research Director Vetle Lunde and Senior Analyst David Zimmerman noted in a report on Tuesday: "Before the deadline, official communication was very limited and there was little public discussion on the matter. However, we expect this to change as the deadline approaches." (The Block)