Would GameStop buying Bitcoin help BTC price hit $200K?

Despite strong institutional demand, Bitcoin (BTC) has struggled to reclaim the $100,000 level for the past 50 days, leading investors to question the reasons behind the bearishness despite a seemingly positive environment.  This price weakness is particularly intriguing given the US Strategic Bitcoin Reserve executive order issued by President Donald Trump on March 6, which allows BTC acquisitions as long as they follow “budget-neutral” strategies. Bitcoin fails to keep up with gold’s returns despite positive news flowOn March 26, GameStop Corporation (GME), the North American video game and consumer electronics retailer, announced plans to allocate a portion of its corporate reserves to Bitcoin. The company, which was on the verge of bankruptcy in 2021, successfully capitalized on a historic short squeeze and managed to secure an impressive $4 source: https://cointelegraph.com/news/would-game-stop-buying-bitcoin-help-btc-price-hit-200-k?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound