🚨 JUST IN: 🇺🇸 U.S. White House Executive Director Patrick Witt says the administration remains fully committed to passing the CLARITY Act in September.
He stressed that the crypto industry needs clear, durable rules — and legislation is the only way to provide them. 🇺🇸
💡 Strategy: Don’t chase the vertical pump. Watch for a controlled pullback and higher low around 0.0470–0.0500; a successful hold could set up the next move higher.
The CLARITY Act Delay Could Actually Be Bullish for Bitcoin 👀
🚨 What if the CLARITY delay is exactly what institutions want?
Look back at the BlackRock Bitcoin ETF playbook. 👇
In 2022, while retail was dumping and sentiment was at its worst, BlackRock launched its private Bitcoin trust.
Then came the Spot Bitcoin ETF filing — right when most people had already given up on BTC.
The result?
📈 Bitcoin eventually surged from around $38,700 to $126,000.
And who arrived after the big move?
Retail.
Now we’re seeing another interesting setup.
The CLARITY Act keeps getting delayed, while regulatory uncertainty remains high.
But what if institutions don't see that delay as a problem?
What if they're using the uncertainty to accumulate cheaper BTC before clearer regulations potentially unlock massive institutional capital flows into crypto? 💰
🚀 $ICNT is showing a strong recovery, but the real test is still ahead!
After the sharp drop from 0.2118 to 0.1006, ICNT has started building a higher-low structure and is now pushing near 0.1346. This shows buyers are stepping back in, but price is still facing strong resistance near 0.1364–0.1440. 👀
If bulls manage to reclaim that zone, the next upside targets could open toward 0.1684 and even higher. But if 0.1195 breaks, the recovery setup weakens fast.
My view: bullish recovery, but not fully confirmed yet. Best strategy: wait for breakout confirmation or a clean retest before entering. 📈
💡 Reason: Price has built a higher-low structure from 0.1006 and is showing steady recovery momentum. The 0.1310–0.1330 area is the key retest/support zone, while 0.1364–0.1440 is the major breakout area.
⚠️ If 0.1195 breaks decisively, invalidate the long setup.
Strategy: Buy the pullback, protect the downside, and let the breakout prove itself. 📈🔥$TUT $BMT