Alexander Lorenzo breaks down two crypto bills: the Genius Act, which lets banks create stablecoins, and the Clarity Act, which provides regulatory clarity. The last time the Genius Act cleared committee, Bitcoin jumped 53%. Lorenzo sees potential for Bitcoin to reach $122k to $290k and recommends accumulating before the Clarity Act is signed.
An event that happened about 2 weeks ago that can bring the price of Bitcoin up to $200,000 plus if it plays out how it played out in history. Let me explain. To put it super simple, there's 2 big bills. One is the Genius Act and the Clarity Act that are very important for crypto. The Genius Act specifically allows banks to create stablecoins. The Clarity Act is probably 5 to 10 times bigger and more important because it pretty much gives clarity to everything else in crypto. Everything will be established after the Clarity Act. Now, when it cleared the committee last year, Bitcoin's price was at $81,000 and it ran it up to $124,000. That same event happened for the Clarity Act because there's a process that these bills go through. The same exact event happened about 2 weeks ago. So what I'm saying is that if this goes through the same process as this went through, we should see another Bitcoin all-time high. Not today, it's going to take some time, but that's what the research says. This is what's currently happening with the Clarity Act right now. We've gone through all of this, right? It was placed on the Senate calendar. Headlines are saying that it's like, oh man, it's gonna happen, but that's not really the case. They placed it on the calendar, meaning it's eligible to be actually voted upon, but they haven't figured out an actual date. There was no full date. I believe when that date is released, we could see Bitcoin's price go to the moon and all other cryptos that follow, of course. Again, just so you understand, When it cleared the committee, look right there. When it cleared the committee for the Genius Act, that's when it went from 81,000 to 124,000. That was about a year ago. The same event happened on May 14th, about 2 weeks ago, for the Clarity Act. Now the Clarity Act is literally, in my opinion, 5 to 10 times more important for crypto than the Genius Act is. So let's get into some predictions. So if the exact same thing that happened to the Genius Act happens to the Clarity Act when it comes to Bitcoin's price going up, we could see specifically Bitcoin maybe go to $122,000 if it mirrors it exactly. We know that's not going to happen. It doesn't always happen exactly like that. If it's actually 5 times more important, if the Clarity Act is more important than Genius for market price, then we could see a $290,000 Bitcoin price. Obviously these are predictions. They don't always play out. They don't— almost never play out, but it's good to look at. The most important thing is you do not want to wait for the signature of it actually going into law. Actually, that's the sell event. You want to sell when it goes into law. You actually want to start accumulating crypto right about now. And the funny part about it is when this event happened for the Genius Act, we actually had a small pullback in Bitcoin's price, which is what we're currently experiencing right now. So it seems very— it seems familiar. We're just waiting for that date. When they actually come with a date, I believe the market could reverse. Nobody knows for sure. I have a plan either way though. I have a very detailed plan, even if it doesn't go that way and the market goes down, for me to make money. So hopefully you guys are prepared.
