Bitcoin trades near $76,484 after the CLARITY Act's cloture failure and a Fed rate hike. Key support, resistance levels, and next catalysts to watch.
Coinspeaker•Daniel Francis13h ago
As the CLARITY Act was rejected with 49 votes in favor and 50 votes against, the bill was not advanced. With substantial outflows from spot ETFs, XRP is facing selling pressure and its price continues to decline. Investors have reduced…
The Clarity Act failed to pass and FOMC hiked rates, and yet, crypto majors are green and alt leaders are flying. What does it mean?
The failed vote highlights the ongoing regulatory uncertainty in crypto, impacting market stability and investor confidence significantly.
CryptoBriefing•Editorial Team16h ago
Bipartisan efforts on the CLARITY Act could reshape digital asset regulation, impacting market stability and cross-party legislative dynamics.
CryptoBriefing•Estefano Gomez16h ago
The CLARITY setback is not fatal for crypto, but institutional participation could remain on the sidelines longer than expected, according to Trace Finance co-founder Bernardo Brites.
Zcash jumps ~18% as the CLARITY Act stalls and privacy demand rises. Key levels, scenarios, and where early-stage capital is rotating next.
The CLARITY Act missed the Senate’s 60-vote cloture threshold, but a motion to reconsider leaves a possible lame-duck revival ahead.
Bitcoin price reached $76,294.10 after the CLARITY Act missed a Senate procedural threshold, while traders watched key technical levels.
The CLARITY Act was blocked by Senate Democrats after disputes over Trump's crypto interests and weak presidential ethics safeguards in the bill.
Bitcoin climbed above $80,000 in early September despite declining odds of the legislation passing this year, Hougan noted.
The Block•James Hunt17h ago
H.R. 8957 would create a Treasury-managed Bitcoin reserve, set a 20-year holding rule and add oversight, but the bill is not law yet.
99Bitcoins•Alex Ioannou18h ago
Bitcoin trades near $76,588 after the CLARITY Act stalled in the Senate and the Fed hiked rates. Key levels, scenarios, and an early-stage BTC L2 play.
Bitcoin (BTCUSD) has remained mostly stable following the Fed's 0.25 bps rate hike yesterday, despite an initial sell-off on the stock markets. This shows incredible resilience and as we approach the designated end of the Bear Cycle (October 2026) based on the 4-year Cycle Model, the market has now sustained the pressure of two major economic events (counting also Tuesday's Clarity Act failure). So the picture becomes clearer. According to the past three Bear Cycles since 2014, BTC is on almost an identical 1W RSI pattern of Higher Lows. Only a touch on that trend-line can deliver a price near $60k again, similar to what happened in August 2015 or a 0.5 Fib pull-back as in March 2023. As mentioned numerous times, a weekly closing above the 1W MA50 (blue trend-line), confirms the new Bull Cycle immediately. The 1W MA200 (orange trend-line) is the technical market Support at the moment and any potential test is a buy opportunity. Especially as Bitcoin enters the 6 week period before the U.S. mid-term elections, which is expected to inflict strong volatility into the markets. Another striking similarity on this chart is that, after every bottom, the early stages of the Bull Cycles that followed have been inside a Channel Up. In 2020/21 and 2017, those led to parabolic rallies when they broke. In 2024/25 it was much calmer and controlled, almost an extension of the Channel Up itself. So use that to your advantage and once the 1W MA50 breaks, every minor correction towards it, would be a Bull Cycle buy opportunity. So is there enough time for one last pull-back or the 1W MA50 will break first? Feel free to let us know in the comments section below! --- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. ** --- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
Ripple’s David Schwartz exposes how the US Senate killed the landmark CLARITY Act to protect traditional bank profits, not rural economic interests.
U.Today•Gamza Khanzadaev19h ago
The short answer, if you’re looking at the CLARITY Act as it is and not at the speculative sentiment around it in the market, is — not really. However, if signed into law, its main value for bitcoin would be protection against policy reversals, and it would matter mostly from 2029, and only if the […]
Bitcoin.com News•Linas Kmieliauskas20h ago
Several altcoins have marked major gains today, which is rather unexpected given yesterday's rate hike and CLARITY Act's failure.
Two House committees advanced crypto legislation on Wednesday, approving a bill to establish a Strategic Bitcoin (BTC) Reserve and a separate measure setting federal tax rules for digital assets. The votes arrived one day after the Senate failed to invoke cloture on the CLARITY Act. The vote stalled a key effort to establish a clearer
BeInCrypto•Kamina Bashir22h ago
To identify potential Bitcoin price scenarios, I conduct a comprehensive analysis across multiple timeframes, moving from the higher timeframes to the lower ones. This approach allows me to establish the broader market context first and then identify more precise areas for potential entries. https://www.tradingview.com/chart/c7VBCJky/ Monthly timeframe I always begin my analysis with the monthly chart. At this stage, the key area is the $82,000–83,000 zone. It is important to treat it as a range rather than one exact price level. Historically, this area has influenced the market on several occasions. In 2025, it acted as support, from which Bitcoin subsequently rallied towards its previous all-time high. The market is now retesting the same area from below, which means it is currently functioning as resistance. Therefore, the long-term timeframe is not yet providing a sufficiently strong or convincing buy signal. In my analysis, I use different colours for levels and chart objects originating from different timeframes. Monthly levels are always marked in red, weekly levels in pink, and lower-timeframe structures in other colours. This allows me to move to a lower timeframe and immediately understand where a particular level originated and how much weight its signal should carry. The underlying principle is straightforward: the higher the timeframe, the stronger the signal. For example, if a four-hour support zone produces a potential buy signal while the price is simultaneously approaching monthly resistance and generating a sell signal, I will generally prioritise the higher-timeframe signal. https://www.tradingview.com/chart/c7VBCJky/ Weekly timeframe The weekly chart continues to show a long-term uptrend, marked in pink. The third point of contact with the lower trend boundary performed exceptionally well in July. The strong upward impulse we observed originated directly from this trend support. This is another example of technical analysis working effectively when it is applied comprehensively and supported by disciplined risk management. The price is currently positioned between several important technical areas. The moving averages around $74,000–76,000 are still providing a degree of support. However, this support appears weaker than the monthly resistance located around $82,000–83,000. Consequently, buying Bitcoin at the current levels has some technical justification, but there is also a meaningful risk of a deeper decline. If I begin building a position at the current price, I need to allocate my capital accordingly and retain sufficient capacity to increase the position at lower levels. https://www.tradingview.com/chart/c7VBCJky/ Daily timeframe The daily chart clearly shows the monthly resistance around $82,000–83,000. Because this level originates from the higher timeframe, it carries greater significance. At the same time, a local uptrend has formed on the daily chart. Its first point was established in July, the second around the middle of August, and a potential third point may form within the $67,000–68,000 area. This zone also coincides with horizontal support around $67,000, providing additional technical confluence. For that reason, the $67,000–68,000 area represents a potentially attractive buying opportunity. A buy-limit order could already be considered within this zone. The stop-loss should be placed below $67,000, with sufficient room for normal price volatility — potentially around $64,000–65,000. Under this scenario, the initial target and minimum upside objective would be a return towards $82,000. 4-hour timeframe I use the four-hour chart to assess the current market structure and identify potential swing-trading opportunities within the week. Following the previous sharp upward impulse, the area around $76,000 repeatedly acted as support. The impulse itself had the characteristics of a short squeeze. As sellers’ stop-loss orders were triggered, the resulting forced buying added further momentum and accelerated the move higher. Compared with traditional financial markets, Bitcoin remains a relatively low-liquidity instrument. At certain moments, insufficient market liquidity can therefore produce especially sharp and volatile price movements. In general, the relationship is inverse: the greater the liquidity, the lower the volatility — and vice versa. Applying a Fibonacci retracement to the initial upward impulse shows that the subsequent pullback almost perfectly reached the 78.6% retracement level, located around $76,000. This support zone then produced three noticeable rebounds. However, the price is now beginning to break through it. To me, this suggests that support around $76,000 is becoming exhausted. The latest local high was also lower than the previous one. Bitcoin initially reached approximately $82,000, while the following rally extended only towards $80,000. The subsequent highs and lows are also beginning to move lower. This structure reduces the probability of an immediate continuation of the previous strong upward move. The fundamental backdrop is not currently providing a sufficient catalyst for further growth either. The CLARITY Act did not pass in the United States, meaning that the market did not receive the positive development it had been anticipating. This provides additional confirmation for my scenario in which Bitcoin retains the potential to move lower. Overall scenario Opening a short position from the current levels is theoretically possible. However, such a trade would be taken against the broader long-term trend and would therefore carry elevated risk. I prefer to look for opportunities in the direction of the prevailing trend. For this reason, my preferred scenario remains a potential Bitcoin purchase within the $67,000–68,000 zone, with a stop-loss below the level — potentially around $64,000–65,000. The first upside target would be the $82,000 area. Any position should nevertheless be structured with appropriate risk management and sufficient capital reserved for gradual accumulation at lower prices.
Senate records confirm seven Democrats voted against the CLARITY Act, then said they remain committed to passing it. Here's why that's not new.
BeInCrypto•Darryn Pollock17 Sept