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Crypto

Saylor's Clarity Call Adds Fuel to Bitcoin Price Rally

Guavy AI Editorial Team
Instruments
BTC
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Bitcoin's price has been in focus as Michael Saylor made headlines saying 'America needs clarity', referring to the Clarity Act. The Senate had planned to vote on this act, but it has now been postponed until September.

The BTC price currently sits at $65,182 and is inside a bullish trend structure. Support layers are provided by the EMA50 at $64,139.96 and EMA200 at $63,656.07.

Price is testing the upper Bollinger resistance at $65,122.9 with a golden cross confirmed on the MACD at 279.89. The RSI(14) is holding neutral at 65.52, suggesting a probable retracement towards the 50-EMA before continuation.

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