$BTC is facing two very different forces this week. On one side, the CLARITY Act is gaining momentum, which could make the crypto industry more attractive to institutions by reducing regulatory uncertainty. On the other, a possible Fed rate hike could tighten financial conditions and make risky assets less appealing. That creates an unusual setup for $BTC. The CLARITY progress is a long-term positive, but the Fed decision could have a much faster impact on price. If Bitcoin holds up despite tighter liquidity, that could be a stronger signal than a simple rally.

