Bitcoin Price Stalls as US Senate Delays CLARITY Act Again

#Bitcoin price is hovering near $90K as the #Senate delays the #CLARITYAct again, leaving #BTC range-bound and institutional flows in a cautious state.

Bitcoin Price Stalls as US Senate Delays CLARITY Act Again
  • Bitcoin price stays locked near $90K as the U.S. Senate CLARITY Act implementation delay keeps traders’ conviction low.
  • Range-bound BTC movement is a signal of market balance and not weakness; this is as liquidity flows replace trend-driven moves.
  • Regulatory uncertainty keeps institutions on pause, leaving Bitcoin price momentum driven by structure, and not market hype.

The U.S Senate has delayed the implementation of the CLARITY Act again, leaving Bitcoin to trade within a narrow range. This is as regulatory uncertainty weighs on market conviction. 

As of press time, the price of Bitcoin stands at $88,987.73 after recording a modest intraday gain of 0.81%. Despite this, the asset remains down 7.54% on the weekly timeframe. 

However, market data shows that trading volume for the last 24 hours is at $50.56 billion. This reflects active participation in spite of a lack of a clear directional commitment due to the delays of the US CLARITY Act.

Regulatory Delay Keeps Bitcoin Price in a Holding Pattern

The current Bitcoin price action reflects ongoing hesitation after the postponement of the CLARITY Act by the US Senate. Lawmakers have instead shifted focus toward housing policy and election-related matters. 

This move extends the absence of clear crypto market guidance. This delay reinforced a regulatory backdrop that has persisted since January. 

Until rules are defined, institutions are likely to remain cautious. These could inturn limit the positioning in Bitcoin price movements.

Source CoinGecko

Market participants appear to favor liquidity-driven trades. Leaving Bitcoin without structural resolution.

Reports indicate the Senate Banking Committee delayed the markup hearing until late February or March. The decision followed internal debate and shifting political priorities ahead of the November elections.

Industry leaders have publicly addressed these concerns on social media. Coinbase CEO Brian Armstrong posted on X that certain provisions required revision before gaining industry support.

Despite the delay, regulatory activity continues outside Congress. The Treasury Department issued updated DeFi guidance, while the Federal Reserve evaluates a potential digital dollar framework.

Technical Structure Signals Rotational Control

Two crucial levels that contain BTC price action are the current support of $84,700 and the resistance around $97,100

The Parabolic SAR indicator continues flipping above and below the price. These frequent shifts confirm the absence of sustained trend control.

Each SAR reversal aligns with short-lived directional attempts and has not produced any lasting follow-through.

The Relative Strength Index has stabilized near 44, following the Bitcoin price’s slip below $90,000. 

Liquidity Levels Shape Short-Term Bitcoin Price Bias

Analyst Lennart Snyder has noted ongoing lower highs and prominent H4 wicks in the Bitcoin price structure. He shared on X that such wicks often precede mean reversion during down-trending phases.

According to Snyder, the Bitcoin price continues attracting liquidity near $90,600. He described this zone as a stop-hunt area rather than a sustainable breakout level.

Downside liquidity rests near $86,200, aligning with previous reaction zones. These levels frame near-term expectations without signaling trend formation.

A bullish scenario remains possible but requires a firm H4 reclaim above $91,200 during active sessions. Current conditions make that outcome less likely.

The broader structure still favors tactical caution. Traders respond to price levels instead of narratives, maintaining disciplined range participation.

As long as demand zones hold, Bitcoin price stability persists. A decisive breakdown would shift control to sellers, altering the present neutral outlook.

Bitcoin price remains governed by structure rather than sentiment as regulatory delays continue. Until lawmakers provide clarity, consolidation defines the market. The current outlook stays neutral, shaped by range control and measured participation.

Leave a Reply

Your email address will not be published. Required fields are marked *