Bitcoin Holds Above $80K as CLARITY Act Passes, Breakout Triggers Ahead
Bitcoin pulled back after briefly testing the $82,000 level on Thursday, stalling at a zone that has repeatedly resisted recent advances. The intraday move came as the Senate Banking Committee moved forward the CLARITY Act, a development that traders see as a potential catalyst f...
➤ Bitcoin is consolidating around $82,000, facing resistance that requires a sustained breakout to trigger further upside, with the CLARITY Act's progression offering potential regulatory clarity. ➤ The market is closely watching spot Bitcoin ETF flows and institutional demand, which have shown signs of cooling, as a critical factor for renewed momentum. ➤ Key technical levels and on-chain supply dynamics suggest that a decisive move above $82,000-$84,000 is needed to target $92,000, while failure could lead to a pullback to the mid-$70,000s.