Bitcoin Price Eyes $75K As Fed And CLARITY Act Set The Stage

By Arslan Tabish | Edited By Ammar Raza,July 28, 2026, 1:27 AM

The Bitcoin price has stabilized around $65,000 levels following a pullback from the mid-$80,000 range. The current level of BTC price is under pressure at the $67,000 level in anticipation of the July 29 Fed decision.

In an X post, analyst Michaël van de Poppe stated that BTC continued to hold above the 21-day and 50-day moving averages. He described the setup as a strong signal for long positions, while warning that it remained fragile.

#Bitcoin continues to hold above the crucial 21-Day and 50-Day MA’s.

This is a strong signal for the markets to be betting on the long side of this asset, however, it’s still a little fragile.

I’d much prefer to see a strong move to $66,000-67,000 over the next 1-3 days to see… pic.twitter.com/Je1XOOLljd

— Michaël van de Poppe (@CryptoMichNL) July 27, 2026

What Could Drive Bitcoin Price After the Fed

An ideal situation for the analyst would be to see Bitcoin break past $66,000-$67,000 in one or three days to indicate sustained buying pressure. Breaking through $67,000 can clear the way for Bitcoin to rise towards $73,000-$75,000.

Also Read: Bitmine Adds 9,946 ETH as Holdings Reach 5.79 Million Tokens

The Federal Reserve will hold a two-day meeting on July 28 and 29. Van de Poppe anticipates a cautious period ahead of the announcement with the onset of increased risk appetite after the announcement.

Crypto Patel identified a stark contrast between whale and retail flows into Binance. According to CryptoQuant data, whale inflows declined by 44.3% from the June highs to $3.9 billion within 30 days.

Retail flows decreased by 22% to $7.8 billion over the same time frame. This meant that retail flows were about twice the flows of whales.

The reduced transfers by whales does not necessarily mean that whales are planning to buy. Inflows to exchanges only mean that the assets have reached the exchange, but it is not confirmed whether those coins were sold.

Crypto Patel wondered if the big holders were waiting for the Fed decision before opening a new position.

Why BTC Price Faces Two-Way Risk

Analyst CryptoReviewing noted rapid movement from $64,500 to $65,600 before the Bitcoin price dropped below $64,400. The analyst believed that both movements resulted in total liquidations of about $524 million.

This is genuinely mind-blowing.

This morning, $BTC pumped from $64,500 to $65,600 liquidating $274M.

And then, $BTC immediately dumped back below $64,400 liquidating another $250M.

$524M Crypto liquidations in less than a few hours!!!

Now, $65,500 – $68,000 has sizable… pic.twitter.com/MsHQnWsWHC

— CryptoReviewing (@CryptoReviewing) July 27, 2026

According to the reported heatmap, upside liquidity is expected between $65,500 and $68,000. The heatmap revealed more liquidation clusters in the range between $61,500 and $64,000.

However, as of July 28, the Kalshi trader predicted that the probability of Bitcoin falling below $55,000 before the end of the year is expected to be at about 50.2% to 57%.

Analyst Ted identified the pending CLARITY Act as another potential catalyst for the Bitcoin price. He projected that approval could lift BTC to $75,000 or higher, while rejection could push it toward $50,000.

Also Read: Bitcoin ETF Outflows Hit $465M as BTC Holds Key $64K Support Level

This article contains market analysis and price predictions. These are not guarantees. Crypto markets are volatile. Always DYOR. Not financial advice.