After Trump signed the Executive Order establishing the Strategic Bitcoin Reserve (SBR), many were surprised to see Bitcoin’s price drop instead of skyrocketing.
To address this, JAN3 CEO Samson Mow posted an article on X explaining the market reaction and why the price fell despite this being a historic moment for Bitcoin.
https://t.co/9qi3OWpCrC
— Samson Mow (@Excellion) March 10, 2025
Understanding the Market Reaction
Bitcoin’s price movement can be explained in both simple and complex terms. At its core, price declines happen when more people are willing to sell at lower prices.
However, short-term selling pressure can be driven by several factors:
- “Sell the news” reactions – Traders take profits after a big announcement.
- Leverage liquidations – Over $500M–$800M in leveraged positions were wiped out.
- Broader market sentiment – Traditional markets were already weak heading into the weekend.
- Low liquidity – Weekends create thinner order books, amplifying volatility.
- Psychological impact – Fear-driven selling can trigger further declines.
Adoption Takes Time
In his post, Mow highlighted the psychological disconnect between Bitcoiners and the general public.
While hardcore Bitcoiners understand the importance of the U.S. establishing a Bitcoin reserve, most people are completely unaware of it.
True adoption does not happen overnight—it takes time for institutions, nation-states, and the broader market to react.
What Happens Next?
Now that the SBR is official, it is likely that other governments will start moving. As Trump pushes forward with the construction of “Fort Nakamoto,” the U.S. will begin accumulating more Bitcoin.
Once this happens, we could see a global race to acquire Bitcoin—similar to what happened with ETFs.
Final Thoughts
Mow’s post on X clarifies that the initial price drop was expected and temporary. The long-term effects of the Strategic Bitcoin Reserve are only beginning to unfold.
As awareness spreads and accumulation ramps up, Bitcoin’s supply squeeze will intensify.
Mow concluded with, “plan accordingly.”