
BITCOIN Clarity Act FAILED. Another Shock-another Top? Fed ahead
Bitcoin (BTCUSD) saw the Clarity Act failing again and now the market focus shifts towards today's Fed Rate Decision and more importantly Chair Warsh's tone during the Press Conference. In the very probable event that the Fed hikes, if Warsh sets the narrative for more upcoming hikes, those news can act as a catalyst to confirm the technical bias. Which following the 1W MA50 (blue trend-line) rejection, are bearish. In fact, every BTC market Top (and subsequent Lower Highs of the Bear Cycle) since last October, had a similar catalyst (set of macro events/ news) that confirmed the Top and kick-started the bearish reversal and sell-off (technical Bearish Leg) that followed. Notice also that even their 1D RSI patterns have been similar, all starting on overbought (RSI > 70.00) territory. October 2025 was due to the U.S. - China tariff escalation. January 2026 evolved around tariffs leading to massive ETF outflows. May 2026 formed on hot CPI, PPI readings on rising yields. The last two Lower Highs in particular formed a Resistance Zone (red). Similarly the last Lows (June 2026) have formed a Support Zone. This is critical as the first line of defense on this Support Zone is the 1W MA200 (orange trend-line), sitting exactly on its top. As a result, if the Fed confirms today the 1W MA50 rejection, the fair technical Target of a potential new Bearish Leg would be the 1W MA200 at around $66000. A -30.38% total drop, same as May-June, would price that closer to $57200. Do you think the Fed can trigger such drop today or BTC will break and close above its 1W MA50 and confirm the new Bull Cycle? 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. ** --- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇















