Famous trader: The Clarity Act will play the role of the crypto ETF in the last cycle, and BTC may bottom out and rise before the bill is passed

Renowned trader Killa posted that during the last bull market, Bitcoin began to recover from its lows before the ETF rumors and official approvals, emphasizing that the market often reflects positive news in advance.

Therefore, this round may be similar; the current "Clarity Act" is forming a new narrative. "If it indeed becomes a catalyst, it is likely to mark the beginning of the first meaningful upward phase for BTC after the first bear market recovery, and the approval itself will soon push BTC towards a new ATH (just like the ETF approval)."

Killa, a quantitative trader focused on BTC, predicted the peak of this bull market in May 2025 and has over 200,000 followers on the X platform. In mid-April, he shorted Bitcoin at $74,688 and turned bullish during the market-wide decline on June 5.