🌟The US Congress is about to implement the Digital Asset Bill which encompasses:🌟
1. The GENIUS Act establishes a federal charter and Treasury-equivalent reserves for payment stablecoins.
2. The BITCOIN Act proposes strategic government BTC reserves for long-term price stability.
3. The Securities Clarity Act clearly defines when a token becomes a security, reducing legal uncertainty.
4. At the state level, North Carolina allocates up to 5% of pension fund portfolios to crypto, and Arizona forms a digital asset reserve from seized assets.
5. The Financial Freedom Act opens opportunities to include crypto in 401(k)—potentially billions of new dollars for the market.
Impact for Traders – Bullish: Institutional capital flows through ETFs and pension funds will support BTC/ETH prices. – Strategy: Look for entry on pullbacks to the main moving average; monitor voting results and hearings as entry/exit moments.
Summary / Summary BTC just broke through $95K–$97K with institutional ETF support and significant whale activity. If it holds, $100K becomes the main target; failing under $92K risks dropping to $85K.
Bitcoin has decisively broken above the $95,000 zone and is now eyeing the $100,000 psychological level. Here’s the concise breakdown:
Candlestick & Price Structure: A strong 4H bullish engulfing candle confirmed the breakout above $95K, with recent swing high at $97,424 acting as interim resistance.
Conclusion: BTC has the potential to break through resistance at $97.4K–$100K if the support level at $94.8K holds. Set a stop-loss below $92.8K to manage risk.
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