Will Bitcoin Enter a Super Bull Market Amid Expectations for CLARITY Act Passage?

▲ Bitcoin Bull Market ©

Optimism surrounding Bitcoin (BTC) is engulfing the entire market, yet an analysis suggests that signals of individual investor return remain weak. However, with expectations for the CLARITY Act, a US cryptocurrency market structure bill, and bullish forecasts from institutional investors converging, the market is once again betting on the possibility of a massive upward cycle.

According to the cryptocurrency media outlet Bitcoinist on May 21 (local time), crypto analyst TheModernInvestor recently stated in a YouTube video, “The current market is a phase where most investors are confident in a new bull market.” He explained that despite the recent decline in Bitcoin’s price, search volumes for “how to buy Bitcoin” and “Ethereum (ETH)” on Google have increased.

TheModernInvestor pointed to the CLARITY Act, a US cryptocurrency market structure bill that passed a vote in the US Senate Banking Committee, as a key driver of market optimism. He analyzed that with the added expectation of interest rate cuts, investors in both the cryptocurrency and stock markets are confident in further asset price increases. He specifically noted that related expectations spread further after Cathie Wood, CEO of ARK Invest, mentioned that “Bitcoin could rise to $1 million within the next few years.”

The media also reported that Michael Saylor, founder of Fidelity and Strategy, previously made similar bullish predictions. Regarding the current market sentiment, TheModernInvestor commented, “Institutional investors and large corporations are all talking about a new upward cycle simultaneously,” adding, “It is natural for market participants to feel excited amidst such a trend.”

He also mentioned the recently emerging issue of quantum computing in the cryptocurrency market. While major blockchain projects like Ethereum, XRP, and Cardano (ADA) are moving to transition their networks to a quantum-resistant structure, some Bitcoin developers are also discussing security enhancement measures, including freezing old wallets. He specifically stated that debate is intensifying within the market over the issue of handling approximately 1 million BTC held in wallets believed to belong to Satoshi Nakamoto.

Alex Thorn, Head of Research at Galaxy Digital, argued, “Satoshi’s Bitcoins should never be touched.” He emphasized that even if Bitcoin’s price drops by 50% and altcoins plummet by 90%, the core principle of property rights must be maintained. TheModernInvestor projected, “As we head into 2026, this cycle could be the most challenging market for individual investors,” while also stating, “At the same time, it is highly likely to be recorded as one of the most dramatic investment eras in history.”

*Disclaimer: This article is for investment reference only, and we are not responsible for any investment losses based on it. The content should be interpreted for informational purposes only.*