Pakistan is taking a bold step towards bolstering its long-term economic stability by establishing a strategic Bitcoin reserve. The move was announced at the Bitcoin 2025 Conference in Las Vegas, where Bilal Bin Saqib, Pakistan’s special assistant on blockchain and cryptocurrency, emphasized their commitment to holding onto their BTC holdings indefinitely. Saqib drew inspiration from the US government’s own plans for a strategic Bitcoin reserve aimed at tackling high national debt. Will this initiative drive up Bitcoin’s price, or will it trigger market corrections? The answer is not yet clear. While Bitcoin has faced resistance around $110,000 recently, leading to a decline, institutional investors have been accumulating BTC as a hedge against inflation, according to reports from Strategy. Market experts are scrutinizing the situation, with analyst Aksel Kibar highlighting the need for Bitcoin price to clear a crucial hurdle near $109,000 within the next week, or else it might head towards a potential retracement toward $76,000, He also points out that the Bitcoin price trend could be forming a double top coupled with bearish divergence on the weekly RSI.