Bitcoin: Lummis Delivers Clarity Act SBR Update
Bitcoin at $77185.28 as Lummis pushes Clarity Act and SBR progress after new executive order signals potential $1M run within eight years.
SourceAnalysis
Bitcoin draws fresh institutional attention after Senator Lummis released major updates on the Clarity Act alongside Strategic Bitcoin Reserve legislation that now advances through the Senate Banking Committee.
With price testing upper Bollinger resistance at $78035.08 while RSI sits neutral at 44.76, a healthy retracement to the 50-EMA support at $78190.9 seems probable before further continuation. The MACD golden cross at -177.86 already signals building momentum above the EMA200 floor at $77379.52, aligning with the eight-year path to $1M that Lummis highlighted in recent remarks on the SBR framework.
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