🚀 As the U.S. Crypto Market Structure Bill Draft Finally Arrives, $BTC Bulls Wake Up

Bitcoin ($BTC ) is shown tenacity in the face of a gentle decline in the larger cryptocurrency market by stabilizing around $105K. The long-awaited U.S. Crypto Market Structure Bill draft has finally been made public, which might lead to a regulatory breakthrough. The timing couldn't be more ideal.

The first unified framework for digital assets is proposed in the draft, which is spearheaded by Senators John Boozman and Cory Booker. It establishes unambiguous jurisdiction between the CFTC and SEC. Higher institutional confidence, more transparent compliance, and possibly easier ETF adoption are all implications for Bitcoin.

In order to avoid a government shutdown, the Senate enacted a fresh financing package at the same time, which increased hope. Market mood has been revitalized by the perception of policy stability and clarity regarding cryptocurrency.

📊 Technical Overview

- Price as of right now: $105,086
- The main obstacle is $107,500.
- Essential Assistance: $102,000
- CMF: 0.11 — mild urge to buy
- A bullish crossover on the MACD indicates possible upward momentum.

Holding over $105K maintains the bullish structure, but a clear break above $107,500 might pave the way for $110,000.Bitcoin may be getting ready for a significant breakout into a new stage of market maturity as regulation catches up and liquidity returns.