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The Clarity Act was the match; the Fed is the fuel. BTC broke its month-long 76K–82K range, hit 74.9K, and now sits near the lower edge at 75.8K. The bill’s failure sparked the drop, but macro is the real pressure. 76K is the switch: a high-volume breakdown opens 75K/72.8K; only a reclaim of 77.5K–78K repairs the range. Don’t guess—wait for confirmation.