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Bitcoin Price Prediction: Genius Act Becomes Law After Tumultuous Crypto Week – What’s the BTC Impact?

2025-07-19 10:52:52

Bitcoin Price Prediction: Genius Act Becomes Law After Tumultuous Crypto Week – What’s the BTC Impact?

Main Idea

Donald Trump signed the GENIUS Act into law, marking a significant development for the crypto industry, while Bitcoin shows technical consolidation patterns suggesting potential future price increases.

Key Points

1. Donald Trump signed the GENIUS Act into law, following a tumultuous week for crypto, which included legislative challenges and market fluctuations.

2. Bitcoin is trading around $119,000, maintaining critical support levels after pulling back from its all-time high of $123,000.

3. Technical analysis indicates a flag consolidation pattern in Bitcoin's price, with a potential breakout target of $181,040.

4. Long-term Bitcoin holders (10+ years) are taking profits, which historically precedes price corrections followed by new highs.

5. The GENIUS Act's passage has spurred interest in crypto projects like BTC Hyper, whose $HYPER token presale has raised over $3.5 million, with a mainnet launch planned for Q3/Q4 2025.

Description

President Donald Trump signed the landmark GENIUS Act into law on Friday afternoon , capping a tumultuous “Crypto Week” that saw Bitcoin navigate significant volatility before establishing new institutional legitimacy. The stablecoin legislation passed the House 308-122 after Trump’s Tuesday night Oval Office intervention with Republican holdouts rescued it from legislative limbo. Bitcoin is currently trading around $119,000 and has pulled back from its all-time high of $123,000 , but maintains ...

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Price Analysis Bitcoin GENIUS Act
$BTC
$118060.4
+0.42%

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