Bitcoin: Three Green Months After CLARITY Act Failure

Bitcoin is set to close three consecutive green months, a streak that has never occurred in bear markets, following the CLARITY Act cryptocurrency bill failure last Tuesday.

The failure triggered immediate capital inflows, lifting the broader crypto market by $330B and Bitcoin market cap by roughly $220B in six days, with BTC itself advancing more than 16% and adding nearly $7,000 in a single session.

Price action now sits at $85496.01 inside the Bollinger Bands, pressing against upper resistance at $86658.33 while RSI(14) registers 74.68 in overbought territory and MACD maintains its bullish golden cross above the EMA50 support at $80351.34; a measured retracement toward that level appears probable before any extension higher.