Mars Finance news: On August 12, a well-known trader named Killa posted that during the last bull cycle, Bitcoin began recovering from the lows before any ETF rumors and official approval, emphasizing that markets often price in positive catalysts early. Therefore, this cycle could be similar: the current “Clarity Act” (Regulatory Clarity Act) is forming a new narrative. “If it indeed becomes a catalyst, it will likely mark the start of the first meaningful upside phase for BTC after the first post-bear-market recovery. The approval itself will soon push BTC to a new ATH (similar to how ETF approval did).” Killa, a quantitative trader focused on BTC, previously predicted the peak of this bull cycle in May 2025. On the X platform, he has over 200,000 followers. In mid-April, he shorted Bitcoin at $74,688, and during the market-wide selloff on June 5, he switched to going long.