Bitcoin: Rally Decoupled From Clarity Act Odds
Bitcoin rose 38% as Clarity Act approval odds fell, with price at $76731.4 showing strength above EMA200 support on the 4h chart.
SourceAnalysis
Bitcoin advanced 38% even as Clarity Act passage probabilities declined, confirming the rally stems from broader debt dynamics rather than regulatory headlines.
Price at $76731.4 sits below the EMA50 at $77120.23 yet holds well above the EMA200 at $74579.58, while the MACD golden cross at -199.79 signals building trend strength inside the Bollinger bands bounded by $77729.25 resistance and $75257.97 support; with RSI neutral at 49.9, the structure points to a measured test of upper-band resistance before any deeper pullback to the 200-EMA floor.
Michaël van de Poppe
@CryptoMichNLMacro-Economics, Value Based Investing & Trading || Crypto & Bitcoin Enthusiast