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$BTC & the CLARITY Act: A Risk to Watch
Bitcoin rallied roughly 2.5% on May 14 after the CLARITY Act vote, briefly reaching around $82K. The move was followed by a sharp decline toward $59K shortly afterward.
With another Senate vote expected tomorrow, the key question is whether history repeats itself.
A positive legislative headline doesn’t automatically mean immediate upside for BTC. If the vote triggers a “buy the news, sell the news” reaction, volatility could increase quickly.
For now, I’m watching BTC’s reaction around key support and resistance levels rather than chasing the headline.
Volatility matters more than the narrative.
##FedAnnounceRateDecisionSoon #ShareWeekly #FOMCMeetingAnalysis