📉 $BTC is consolidating near $118,825, just below its $123,000 ATH. All eyes are on today’s House vote on the GENIUS Act, which could act as the next catalyst for a major leg up.
🧠 Crypto Rover predicts BTC will hit $150K if the bill passes. He cites past surges after major events like Trump’s election and the Big Beautiful Bill. Others are even more bullish — BlackRock targets $700K+, and Ark Invest sees $2.4M long-term.
Odds favor passage today. Trump met with 11 of the 12 opposing Congressmen, and they’ve pledged support. If approved, the crypto market could ignite another rally.
📈 Technically, BTC remains above $110K, the top of a cup-and-handle breakout. The handle formed via a descending channel, while the price now sits above all major moving averages.
📏 The projected target? $144,500 based on the cup’s height — and a breakout above that could pave the way toward the psychological $150K mark.
👉 If the GENIUS Act passes, BTC might not just retest its highs, but rewrite them.
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