According to @cryptorover, the March 2020 CARES Act $1,200 checks coincided with a wave of exact $1,200 BTC buys and a roughly 50% Bitcoin rally. According to the U.S. Congress, the CARES Act was signed on March 27, 2020. According to Brian Armstrong of Coinbase, the exchange saw a spike in $1,200 deposits immediately after the checks were issued. According to CoinMarketCap historical data, BTC rose from roughly $6.2k on March 27, 2020 to about $9.3k by early May 2020, an increase near 50%, highlighting that retail stimulus aligned with upside momentum relevant for trading decisions.