There’s a lot of controversy right now about Bitcoin’s bottom.


In my view, it’s fine if the Clear Bill doesn’t pass.
At most, we might see an extreme dip/pierce down to 53K—won’t break 5K.
It’s precisely because there’s such a huge disagreement about the bottom that it won’t fall that badly.
In the face of 180K in the future, the difference between 66K and 53K really isn’t that big.
If the Clear Bill passes, BlackRock will launch a new RWA platform in October.
These positives will support sentiment—57K is probably the hard bottom of this bear market, and then it will gradually start a range-bound bull run.
BTC-1.25%
RWA-1.26%
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