Market Pulse: BTC $67k Support & The Regulatory Shift
$BTC took a sharp dive to $49,000 recently—did that catch you off guard?
While it’s currently hovering just below $67,300, the technicals suggest we could see another retest of the $58,000 support zone before the week is out. While the economic calendar is light on USD events, all eyes are on Washington for the CLARITY Act.
The Big Debate: Regulation or Restriction?
The Outlook: Most analysts expect the Clarity Act to be a major win, finally drawing a clear line between the SEC and CFTC.
The Conflict: Traditional banks are still playing defense, trying to gatekeep crypto use cases to protect their legacy models.
The old system is showing its age. But is the answer a gold-backed model with uncapped supply? That hardly seems like the "fair deal" digital assets promised. Every system has its era: either the banks adapt to the blockchain, or they become relics.
What’s Next for the Charts?
What’s Next for the Charts?
Are we looking at one final "generational bottom" before Bitcoin makes its run toward $126,000?