The price of Bitcoin is currently moving within a narrow range near $68,000 as investors await insights from an upcoming White House meeting focused on digital asset regulations. The proposed Clarity Act is gaining attention as a key factor that could influence market sentiment and determine Bitcoin’s next major price movement.
Bitcoin remains close to the $68,000 mark, hovering around an important long-term moving average. Traders are closely monitoring today’s White House discussions on crypto regulation for any signals that might impact the market direction.
Market momentum appears subdued, with the Relative Strength Index (RSI) lingering in the low 30s range. This suggests limited upward potential unless Bitcoin can reclaim resistance levels near $70,000.
The regulatory environment may serve as a catalyst for change. Conversations surrounding the Clarity Act could sway investor confidence and decide whether Bitcoin pushes higher toward $72,000 or falls back to support levels around $66,000.
Recent price behavior indicates that Bitcoin ($BTC) is finding stability after experiencing volatility earlier this year. Traders remain cautious as policy developments intersect with critical technical thresholds.
🚨 BREAKING
The White House is convening today to discuss cryptocurrency regulations.
Major players like JPMorgan, Bank of America, Wells Fargo, Coinbase, Ripple & Circle are participating.
Main topics include stablecoin yields and tokenization.
Expect clarity soon 👀 #XRP pic.twitter.com/92Ec5ibn8o
— Amonyx (@amonyx) February 10, 2026
Bitcoin Price Hovering Around Crucial Moving Average
The chart reveals that Bitcoin’s price has been fluctuating around a significant long-term moving average which has acted both as resistance and support over recent weeks.
Earlier in January,$BTC briefly surpassed this level but failed to maintain upward momentum and subsequently settled into a sideways trading pattern.
You might also like: Saylor advocates “1.4% forever” strategy targeting Middle Eastern wealth funds
This repeated interaction with the moving average underscores uncertainty among traders — buyers tend to enter during dips while sellers cap rallies at similar points.
Cautious sentiment is further supported by momentum indicators such as RSI remaining in low-30 territory well below neutral midpoint 50 — signaling weak underlying strength in buying pressure so far.
The RSI has stabilized somewhat after nearing oversold conditions but hasn’t demonstrated strong bullish reversal signs yet; therefore any rally attempts may struggle without clear triggers or breaking above key resistance zones decisively.
An analysis of market structure shows Bitcoin still confined within a range: higher lows have formed since mid-January but upside moves repeatedly stall near consistent resistance bands ahead of potential breakout attempts.
If $BTC closes daily above $70K level convincingly it could boost momentum enough for advances toward next resistance between approximately $72K–$73K zone. Such breakout accompanied by RSI climbing back above 40–50 would bolster bullish outlook significantly.
If prices fail to hold support between roughly $66K–$67K however there exists risk of deeper retracement down towards previous buyer interest areas near ~$63K–$64K ranges where demand had stepped up before last bounce occurred previously recently too!
The Renewed Spotlight on The Clarity Act
Todays’ White House gathering aims at uniting regulators alongside industry leaders discussing frameworks governing digital assets including focus on legislative proposals such as The Clarity Act designed provide clearer rules across crypto space overall .
While immediate laws aren’t expected from these talks , markets watch intently looking out for tone shifts indicating progress toward transparent regulation structures .
As bitcoin often classified akin commodity rather than security , improved legal clarity stands poised benefit its standing amongst investors . Momentum arising here especially if bipartisan cooperation signals emerge supporting structured oversight may shift prevailing sentiment strongly upwards hence influencing pricing dynamics substantially .
Read more : Sam Bankman-Fried's prison X rant exposes FTX fraud saga unfolding