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CLARITY Act Update (May 6, 2026) What’s Happening Right Now?
The big crypto bill (called the CLARITY Act) is finally moving forward.
The last big fight was about stablecoin rewards (like interest you get for just holding $USDC or USDT).
Senators just made a deal on that last week, so now the bill can go to markup (the official meeting where they vote on it) next week.
Simple Breakdown of the Deal (Yield Compromise)
What’s banned: You can’t get rewards just for holding stablecoins (like bank interest).
What’s allowed: You can get rewards if you actually use the stablecoin (send money, pay for stuff, use the app, etc.).
This protects banks (so people don’t pull money out of banks) but still lets crypto companies offer useful rewards.
That’s basically it. Super simple compromise.
What the Key Senators Think (Easy Version) Tim Scott (Committee Boss): “Let’s do the markup in May.”
Thom Tillis (main negotiator): Made the deal and says “We’re ready — let’s schedule it soon.”
Angela Alsobrooks: Worked with Tillis on the deal.
Cynthia Lummis: Very excited — said “We’re marking it up in May and getting it done!”
Bernie Moreno: Pushing hard — says markup is next week.
Everyone important is now on the same page and wants to move fast.
When is the Markup? No official date announced yet. But everyone is saying next week (the week of May 11).
Your guess of Wednesday, May 13 lines up perfectly with what insiders are saying. It will probably start as a smaller/private meeting first (“behind closed doors”), then go public.
Bottom Line (Super Simple) ✅ Last big problem fixed ✅ Bipartisan support ✅ ✅ Markup expected next week (possibly May 13)
After the breakout of the trendline Bitcoin is looking strong and holding $80.7k (Monday High) as 4hr support. As long as this holds, we can see BTC continue towards $84k - $85k, with an outside chance of a Yearly Open retest at $87.5k. If we get to see a retest around $79.5k, I think that looks like a good place to catch a bounce and will be buying more.
Mid-term: still bearish The medium term is still a downtrend and unless we flip that, I am not turning bullish yet. A rejection from the 85k or 90k resistance levels is still on the table and I will update my targets when I see how buyers react to these levels. #BTC #BTC走势分析 #bitcoin #ADPPayrollsSurge #IranDealHormuzOpen
🚨🚨 $BTC Pump Almost Over? Major Correction Ahead 🚨🚨 This looks like a strong opportunity to consider a short position on Bitcoin. From my perspective, even if Bitcoin continues to pump slightly from here,
the maximum upside could be around $84,000, $85,000 and that’s in a very extended scenario.
After that, the broader expectation remains a downside move. The market was already due for a correction earlier, but it appears the recent move was driven by liquidity grabs. Many traders started shorting after the $80,000 level, which created a pool of liquidity that the market has now likely targeted.
At this point, most of those positions seem to have been liquidated. Bitcoin may still attempt to push toward the $84,000 range, but the current zone around $82,700 presents a potential area to consider short positions.
If you choose to trade, it’s wiser to use low leverage and manage your risk carefully.
🚨 Trendline Break or Fakeout? Bitcoin at Critical Level” 82K Zone: 🚨 If you look at Bitcoin on the 8-hour time frame, you’ll notice that $BTC is trying to break the trendline but hasn’t succeeded yet.
Even if Bitcoin manages to break the trendline, in my opinion you may still see a wick-type candle, since BTC has already moved up significantly. At the moment, there’s no major news in the market either.
Whether you check the 1-hour, 2-hour, 4-hour, or 8-hour time frames, you’ll see a similar pattern. I also mentioned this in my last post that when BTC was attempting to break its resistance, I said that even if it breaks, the 82K area could still prove to be very difficult for Bitcoin.
So, as you can see in the image below, if BTC gets rejected from this trendline, you might see a pattern similar to the one I’ve drawn.