Czech National Bank governor is considering buyin Bitcoin for future reserve strategy

  • The Czech National Bank is the central bank and financial market supervisor in the Czech Republic

The Czech National Bank, is the central bank and financial market supervisor in the Czech Republic.

Governor Aleš Michl is reported as having considered Bitcoin as a potential diversification strategy for the country’s foreign exchange reserves, Via CNN Prima News interview:

  • said he was considering acquiring “a few Bitcoin” for diversification, which wouldn’t count as a significant investment for the bank.

Info via Coin Telegraph, link for a little more.

BTC update:

btcusd 08 January 2025 2

I stuck that horizontal line in, it suggests to me BTC looks a wee bit heavy. I'm sure ForexLive traders will have a better tech take than me though - in the comments please folks!

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