President Donald Trump signed the landmark GENIUS Act into regulation on Friday afternoon, capping a tumultuous “Crypto Week” that noticed Bitcoin navigate important volatility earlier than establishing new institutional legitimacy.
The stablecoin laws handed the Home 308-122 after Trump’s Tuesday evening Oval Workplace intervention with Republican holdouts rescued it from legislative limbo.
Bitcoin is presently buying and selling round $119,000 and has pulled again from its all-time excessive of $123,000, however maintains vital assist ranges, suggesting continued bullish momentum.
The breakthrough adopted an preliminary 196-223 defeat that appeared like the tip.
Trump’s diplomacy secured a 215-211 procedural victory, clearing the trail for remaining passage.
The GENIUS Act establishes federal licensing necessities for stablecoin issuers and explicitly prohibits the creation of central financial institution digital currencies.
Trade executives hailed the laws as the start of a brand new regulatory period, which is predicted to speed up institutional adoption.
With Bitcoin forming flag consolidation patterns following current volatility, technical evaluation suggests the present pullback represents an accumulation alternative earlier than the following leg larger towards $180,000 targets.
Flag Sample Consolidation Targets $181,040 Breakout
Bitcoin’s chart construction reveals development by ascending flag patterns which have constantly resolved upward all through the present bull cycle.
The current pullback from $123,000 to present ranges is forming one other flag consolidation inside the broader uptrend.
Every earlier breakout was preceded by a significant upward transfer following a interval of consolidation.
The measured transfer projection above $150,000 represents roughly 35% upside from present ranges.
This technical methodology has confirmed correct all through Bitcoin’s bull run.
Key assist areas have constantly attracted patrons throughout earlier pullbacks, suggesting that related dynamics could also be at play now.
Flag patterns inside sturdy uptrends sometimes signify continuation reasonably than reversal indicators.
Present value motion means that Bitcoin is constructing momentum for one more explosive transfer as soon as the sample is full.
Lengthy-Time period Holders Drive Wholesome Distribution Sample
Moreover, on-chain evaluation reveals that current promoting strain stems from holders with a tenure of 10 years or extra taking earnings, reasonably than a broad-based distribution.
These longest-term holders, who acquired Bitcoin at extraordinarily low costs, have been promoting after Bitcoin reached new highs above $120,000.
The promoting spike is substantial however seems contained to this particular age cohort.
Historic context proves revealing. Earlier main promoting from long-term holders occurred in March 2024, coinciding with a value correction however finally adopted by Bitcoin’s rally to new highs.
This sample suggests promoting strain will get absorbed by new demand with out derailing broader uptrends.
Present promoting strain is moderating primarily based on current information. This profit-taking advantages long-term sustainability by transferring Bitcoin from early adopters to new members extra more likely to maintain at present ranges.
BTC Hyper: Final Probability for $HYPER Presale Earlier than Window Closes
The passage of the GENIUS Act creates unprecedented regulatory readability, positioning Bitcoin Layer-2 options for explosive development.
BTC Hyper’s $HYPER token presale has raised over $3.5 million towards its presale goal, with just a few days remaining earlier than the presale window closes completely.
Early traders are speeding to safe positions within the platform that allows immediate, low-cost Bitcoin transactions whereas unlocking DeFi capabilities.
The $HYPER token presents unique advantages, together with excessive APY staking rewards for presale members and governance rights within the upcoming DAO launch.
With federal stablecoin licensing now established, BTC Hyper’s wrapped Bitcoin performance turns into more and more useful for institutional members searching for a regulatory-compliant Bitcoin utility.
The platform’s mainnet launch in Q3/This fall 2025 will coincide with main trade listings.
Time is working out for traders to take part within the $HYPER token presale at present pricing earlier than the allocation sells out.
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