[CryptoQuant: Strategy Establishes USD Reserves Indicating Preparation for a Possible Bear Market] According to a report by Golden Finance, on-chain analytics firm CryptoQuant stated today that Michael Saylor's Bitcoin-holding company, Strategy (MSTR), has established $1.44 billion in USD reserves this week. This move suggests that the company is preparing for a potential Bitcoin bear market. CryptoQuant believes that setting up a 24-month USD buffer signifies a 'tactical shift' for Strategy, transitioning from its previous aggressive approach of issuing shares to purchase Bitcoin to a more conservative, liquidity-focused strategy. This reduces the risk of being forced to sell Bitcoin during market downturns. Julio Moreno, Head of Research at CryptoQuant, predicts that if the bear market persists, Bitcoin prices could trade between $70,000 and $55,000 next year.