Bitcoin is trading around $80,000, with traders eyeing a potential breakout above key resistance. The focus is on the CLARITY Act vote Thursday, which could clarify crypto regulations.

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MN Capital founder Michaël van de Poppe says a fast move to $90K is possible in days. Onchain data from Axel Adler Jr. shows short-term holder loss pressure at zero for five straight days, and the supply held by short-term traders dropped to 22.2%-a 90-day low.

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However, crypto trader Zord warns of resistance between $83,400 and $84,600. The CLARITY Act, a US bill setting crypto rules, has over 100 amendments filed. A leaked draft suggests exchanges may no longer offer stablecoin rewards that function like interest.

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