Prominent trader: Clarity Act will play the role of encrypted ETF in the last cycle, bitcoin or touch bottom before the bill is passed Move

On 12 August, a well-known trader, Killa, wrote that Bitcoin had begun to recover from a low point before the ETF was heard and officially approved, stressing that the market tended to reflect well in advance. As a result, the current round may be similar, with the current Clarity Act (the Clear Regulatory Act) forming a new narrative, “if it does become a catalyst, it is likely that it will mark the start of the first meaningful BTC upturn after the first bear-city recovery, and approval itself will soon push the BTC towards a new ATH (as approved by ETF). As a quantitative dealer focused on the BTC, in May 2025, Killa pre-judged the top of the round, with over 200,000 fans on platform X. In mid-April, it was empty bitcoin at $74,688 and turned to more during the overall market downturn on 5 June。