And shortly after, the bottom was formed for $BTC.
At this point, the main argument against $57K being the cycle low is simply seasonality and historical price action fractals.
That's literally it, suggesting that $57K was, in fact, the cycle low.
🚨WARNING - YOU WILL NOT BE PREPARED
My sources at the White House are telling me that the Clarity act is going to be passed in the next 2 weeks.
Public companies, banks, asset managers, your grandmothers, are all going to come knocking for a piece of the pie.
The CLARITY Act passing will unlock $3 Trillion in sidelined institutional capital.
The pump will be like nothing you experienced before.
I will let you know when this happens.
Stay tuned and follow.
🇺🇸 U.S. TREASURY SECRETARY SCOTT BESSENT DEFENDS AMERICA’S #BITCOIN RESERVE
"$500 MILLION HELD ARE NOW WORTH OVER $15 BILLION"
"THAT IS AN ASSET OF THE U.S."
THE UNITED STATES IS HOLDING 🔥🔥
LATEST: 📊 Tom Lee says the September CLARITY Act vote, Korean investors rotating from AI stocks into crypto, and the 4-year cycle bottoming are all tailwinds for institutional crypto buying in the final months of 2026.
Stronger, more durable growth is the central priority of the U.S. G20 Presidency. And under @POTUS, the United States is setting the pace in correcting policy failures that inhibit it.
We have made the U.S. the world’s premier destination for capital to flow and for businesses to flourish. Delivered historic tax relief to millions of working families. And reclaimed our position as the world’s energy superpower.
These achievements are shaping the next era of growth. And we are just getting started.
🇺🇸 CLARITY ACT: 16 days until the vote that decides crypto's future in America.
Here's where things stand:
The House passed it 294–134 in July 2025 with 78 Democrats voting yes.
The Senate Banking Committee advanced it 15–9 in May 2026, but the full Senate vote was delayed when Democrats refused to move without ethics rules on Trump's crypto profits.
Passage odds have collapsed from 82% in February to roughly 14% today, per Polymarket.
The cloture vote is set for September 15, the day after senators return from recess, and it needs 60 votes to survive.
If it fails, the bill is effectively dead for 2026, with only 14 working days left before the October election recess.
Meanwhile, the SEC isn't waiting: it proposed "Regulation Crypto Assets" on August 18, its first standalone crypto offering framework, drawing directly from the CLARITY Act's own definitions.
The CFTC is also moving independently, with Chair Selig directing staff to build prediction-market and crypto rules under existing authority.
Crypto regulation is coming either way.
The only question is whether Congress writes the rules or the regulators do.
bitcoin:native has looked strong from $63K to $81.5K but I’m not fully buying the move yet.
NRPL printed two huge profit spikes around $1.7B and $1.6B and has stayed positive at $400M-$650M a day since.
To me, this looks more like steady distribution than clean strength.
🚨 IMPORTANT:
🇺🇸 Binance founder CZ says Bitcoin will hit $1,000,000
He believes the milestone could come much sooner than most expect
CZ also says Bitcoin will eventually become more important than gold
He’s clearly very bullish on bitcoin:native
WALL STREET ISN'T WAITING ON WARSH ANYMORE
- Warsh's first Jackson Hole speech as Fed chair: Friday
- Armstrong: BTC 'very likely' hits $300K-$400K by 2030
- Wood's ARK still targets a $16T Bitcoin market cap
- Dalio: dump bonds, hold gold and "a bit" of Bitcoin
Who blinks first?
🚨 RUMOR DE ÚLTIMA HORA 👀
🇺🇸 SE HABLA DE QUE EL SENADO DE EE. UU. PODRÍA HABER DADO YA LUZ VERDE A LA LEY DE CLARIDAD PARA LOS ACTIVOS DIGITALES.
⚠️ La votación pública seguiría prevista para el 15 de septiembre.
Si este rumor termina siendo cierto, podría ser un catalizador enorme para Bitcoin y el mercado cripto. 🚀
¿Se viene una bomba? 👀
STEAK ‘N SHAKE SAYS BITCOINERS ARE DRIVING ITS BUSINESS
Steak ‘n Shake says that since it began accepting Bitcoin payments, it has produced the best same-store sales in the fast-food industry.
“We have never seen an allegiance as strong as Bitcoin holders’.”
The company says increased business and savings have allowed it to reinvest in food quality.
“Steak ‘n Shake is a Bitcoin company.”
Most high leverage $BTC degens got absolutely REKT 🔥 Who told you to take profit on leverage and chill at 80K?
106,955 traders were liquidated, the total liquidations comes in at $434.47 million.
Bitcoin is testing major resistance.
This trendline has rejected price before and remains resistance until proven otherwise.
A clean break above could trigger a squeeze higher.
🚨 HOLY SH*T, CHINA IS BUILDING A GOLD-BACKED FINANCIAL SYSTEM
And almost nobody understands how BIG this could become.
China is pushing to internationalize the yuan through GOLD, new payment infrastructure, and alternatives to the U.S. dollar.
Hong Kong’s government-backed gold clearing system began trial operations in July 2026, linked to the Shanghai Gold Exchange.
Bloomberg Research also reports that China is developing a global network of gold vaults that could strengthen the yuan’s role in global finance.
At the same time, China is building blockchain-based payment infrastructure with BRICS countries designed to reduce reliance on the U.S. dollar.
And GOLD is at the center of everything.
China has now bought gold for 20 consecutive months.
In July, the UK, China, Japan, South Korea, and India all reduced their U.S. Treasury holdings while increasing exposure to gold.
South Korea is buying gold again for the first time in 13 YEARS.
Gold has now overtaken U.S. Treasuries as a more important reserve asset.
Even Venezuela is moving its $4 BILLION, 31-ton gold reserves out of London after 8 years.
The bigger picture is becoming impossible to ignore:
GOLD → MORE
U.S. TREASURIES → LESS
DOLLAR DEPENDENCE → LESS
China isn’t just buying gold.
IT’S BUILDING AN ENTIRE FINANCIAL SYSTEM AROUND IT.
And if other countries follow, the pressure on the U.S. dollar could become much bigger than anyone expects.
China is moving toward gold.
WHO’S NEXT? 👀
🚨 S&P 500 IS FACING A GLOBAL CORRECTION 🚨
solana:J3NKxxXZcnNiMjKw9hYb2K4LUxgwB6t1FtPtQVsv3KFr has already cleared 7,800
And with the Shiller CAPE above 42, we're looking at one of the most expensive markets since the dot-com era
But the interesting part is what comes next
The current bar pattern points toward a local peak roughly 8 weeks from now
Right around the time Anthropic is expected to hit the market
Anthropic is reportedly targeting a valuation around $2 TRILLION, with a potential $60B+ raise
That would make it one of the largest IPOs ever
And here's the part I find interesting:
Markets don't always top when the bad news arrives
They often top when the euphoria around the catalyst is at its strongest
If this pattern plays out, solana:J3NKxxXZcnNiMjKw9hYb2K4LUxgwB6t1FtPtQVsv3KFr could push toward 8,000 into the Anthropic listing
And that could become the final high of the move
Why?
Because IPOs don't create new capital
They redirect existing capital
Funds don't suddenly find $60B sitting in cash
They need to sell what they already own
And what's sitting in almost every institutional portfolio?
solana:J3NKxxXZcnNiMjKw9hYb2K4LUxgwB6t1FtPtQVsv3KFr
We already saw a smaller version of this with SpaceX
June brought a massive capital event
solana:J3NKxxXZcnNiMjKw9hYb2K4LUxgwB6t1FtPtQVsv3KFr pushed nearly 19% higher, then spent the following months going sideways and digesting the move
Anthropic would be a much larger liquidity event
And if the same structure repeats, I wouldn't expect an instant crash
I'd expect something much slower:
Distribution -> lower highs -> gradual bleed
Then OpenAI enters the picture in Q4 with another potential $60B+ raise
Another liquidity drain
Another chance for a lower high
And the pressure compounds
The valuation backdrop makes this even harder to ignore
CAPE was around 39 before the 2021 peak
What followed in 2022 was one of the worst years since 2008
Today we're above 42
My 2026 EOY target remains $6,300
That's the exact major support zone where this entire melt-up started earlier this year
You're either early enough to ride the distribution
Or you're the liquidity it needs to finish it