Bitcoin loses its power amid the anticipation of the American Corpress Law

Bitcoin price decreased by 0.27% at the beginning of this week, continuing his slight losses he recorded last weekend, to suspend at 84823 USD. The wave of optimism, which was ignited by the US Federal Reserve, has declined earlier in the week, as the concentration of traders is now heading towards Washington in search of new incentives that may restore the bullish momentum of the largest encrypted currency in the world, according to the American FXTREET platform.
Bitcoin developments in America
The attention of the Bitcoin Law in the United States, amid hopes that the project will restore the currency to its path towards a barrier of $ 100,000.
However, those hopes diminished after the absence of strong signals on the intention of the US government to buy large quantities of Bitcoin in recent weeks, which led to the decline in morale in the market.
In March 2025, US President Donald Trump signed an executive order to create a national strategic reserve from Bitcoin. However, the decision did not rise to the aspirations of the market, as it was satisfied with the use of the bitcoin currencies confiscated by criminal or civil cases, without announcing plans to purchase widespread direct.
Also read: What are the price of Bitcoin price one year from now in light of the Trump administration?
A weak investment environment that affects Bitcoin
The Bull Score Index, issued by the Cryptoquant platform, showed the lowest level of upscale expectations since January 2023, recorded only 20 points.
According to the model, this number indicates a weak investment environment for bitcoin, which reduces the possibility of the continuation of the wave of ascension in the short term. The indicator also warns that survival below 40 points for a long period may reflect a declining market situation similar to that of the currency in previous sessions.
Will Bitcoin’s law restore the momentum of markets?
Despite the decline in morale, analysts believe that progress in the American Bitcoin law may constitute an important turning point.
On March 11, Senator Cenatia Lomes re -submitted a draft law that obliges the US government to purchase a million bitcoins within five years, with a mandatory period of retaining at least 20 years.
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The passage of law in Congress may be a strong bullish incentive for the currency. It should be noted that Trump’s victory in the previous elections, as well as speculation about major acquisitions by the government, previously contributed to raising the Bitcoin price to its historical peak at $ 109,312 in January.
What should investors monitor?
Investors are advised to follow the developments of the Bitcoin Law in Congress closely, as this may determine the next direction of the market.
Meanwhile, the investment funds traded in Bitcoin in the United States recorded net flows of $ 744.3 million, ending a series of five -week outward flows.
This increase in institutional demand contributed to supporting the Bitcoin price, especially after it has touched its lowest level in weeks at 76,642 dollars on March 11, to later make weekly gains of 1.93%.
Bitcoin price expectations: What are the upcoming scenarios?
Bitcoin expectations in the near term depend on several influential factors, the most prominent of which are American customs policies, income and next personal spending, and the indicators ’funds circulating in Bitcoin.
The bullish scenario in Bitcoin
In the event that the indicators ’funds are out of economic pressures, and the Bitcoin Act has made tangible progress in Congress, the currency may return to exceeding the level of $ 109,312, with the support of increasing institutional confidence and investment demand.
Bitcoin’s landmarking scenario
On the other hand, the political opposition to the draft law, as well as the escalation of trade tensions and the tone of the hard -line federal, may lead to bitcoin to the level of $ 70,000.