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

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.