Bitcoin has successfully broken above the key horizontal supply zone, marking a new all-time high. The current pullback appears to be a gap-fill move targeting the CME gap between 115,635 and 114,380, which often acts as a magnet for price.
If the gap is fully filled and strong support emerges in this region, it could set the stage for another bullish continuation.
This zone will be crucial to watch in the coming sessions as it may define the next directional move.
• CLARITY Act (crypto market structure bill): ➤ Expected to pass with bipartisan support
• CBDC Ban Bill: ➤ Vote scheduled, but Senate fate remains unclear
🗓️ Thursday:
• GENIUS Act (stablecoin regulation): ➤ Final vote in the House ➤ If passed, goes straight to Trump’s desk ➤ Would become the first major US crypto law
What’s next?
• Senate expected to draft its own version of the CLARITY Act in September