Bitcoin: H.R. 8957 Reserve Bill Votes Wednesday
Bitcoin reserve bill H.R. 8957 hits U.S. House committee vote Wednesday, requiring 20-year Treasury holds and audits at $78902.76 BTC price.
SourceAnalysis
Bitcoin reserve legislation H.R. 8957 advances to a U.S. House Financial Services Committee vote this Wednesday, codifying Treasury custody, 20-year holding periods and quarterly audits.
BTC trades at $78902.76 inside a bullish EMA structure with price testing upper Bollinger resistance at $78759.25 while RSI(14) sits neutral at 64.33 and MACD registers a golden cross at 162.4; a healthy retracement toward the 50-EMA support at $77966.34 appears probable before continuation. BTC price prediction models now factor in potential legislative tailwinds alongside crypto market crash resilience data from the past year.
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