According to @Andre_Dragosch, the Strategic Reserve Accumulation (SRA) model by Murray Rudd and Dennis Porter frames Bitcoin BTC as an emerging strategic reserve asset with price driven by shrinking liquid supply, a 10-12 year logistic adoption curve, inelastic CES demand, and reflexive feedback between price and adoption (source: @Andre_Dragosch on X, Dec 19, 2025). He reports institutional reserve accumulation is capped at 1k-3k BTC per day across scenarios, implying persistent float reduction and demand-led price formation relevant for traders tracking liquidity and ETF inflows (source: @Andre_Dragosch on X, Dec 19, 2025). Price forecasts cited are 2030 bear base bull at about 250k 540k 1.5M dollars and 2035 at about 500k 950k 5M plus, from a starting point near 65k post 2024 halving, highlighting demand outpacing supply as adoption scales (source: @Andre_Dragosch on X, Dec 19, 2025). Dragosch adds that prior halving-cycle models such as Stock-to-Flow and BAERM are less informative as ETFs BTCTCs and sovereign demand shift drivers from supply to demand, while the Power Law model may be too conservative amid accelerating adoption, shaping a new trading regime (source: @Andre_Dragosch on X, Dec 19, 2025). He cautions the SRA relies on strong assumptions and may be destabilized by slower adoption regulation macro shocks or competing reserve assets, so outputs should be used as scenario guidance not gospel for risk management (source: @Andre_Dragosch on X, Dec 19, 2025).