Santiment warned that Bitcoin social media euphoria spiked following the 
CLARITY Act&#8217;s Senate Banking Committee vote on May 14. Sentiment analytics 
platform Santiment posted on X and its community insights platform on May 15, 
tracking a sharp rise in positive…

Santiment warns Bitcoin CLARITY act euphoria may reverse gains

Bitcoin’s price performance in the last week saw a slowdown to the asset’s 
relief rally that began in early April. According to data from CoinMarketCap, 
the market price declined by 1.45% in a range-bound week, during which bulls 
failed to overcome a key resistance level at $82,000. Notably, the current 
market status has led to polarized analysis: some analysts view this 
opposition as a pause in a recovering market, while others are more 
pessimistic, predicting another major downswing, perhaps to the actual market 
bottom. Related Reading: Bitcoin Cannot Clear $82K – Analyst Explains How 
Traders Are Using Every Rally to Exit Bitcoin’s Fate In Another Potential 
Correction In an X post on May 15, pseudonymous seasoned analyst Titan of 
Crypto (@washigorira) shares an insight into Bitcoin’s market direction using 
the Bitcoin Power Law model V2.0, i.e., a long-term pricing model that 
suggests BTC&#8217;s price follows a predictable growth trend when plotted on a 
logarithmic scale. As seen below, the leading cryptocurrency has maintained a 
consistent trajectory within the model’s upper and lower boundaries throughout 
its history, with every major market bottom holding above the lower green 
support band. Amid dominant speculation that the recent rally could be a bull 
trap, the Bitcoin Power Law Model suggests that, in the event of a broader 
market crash, BTC’s worst-case price floor currently stands around $42,800. 
In this case, a negative turnout could lead to a 50% decline from current 
market levels. However, Titan of Crypto shares a personal opinion backing 
Bitcoin to maintain its current level and resume its price rally. The analyst 
explains that Bitcoin’s current market structure closely resembles the 
2018–2019 cycle, during which the price successfully defended the first 
support band before staging a significant bullish breakout. If the maiden 
cryptocurrency follows the same trajectory, Bitcoin’s current uptrend could 
surpass the present all-time high to reach a new peak above $200,000, around 
the middle price band of the Bitcoin Power Law Model. However, these 
predictions remain subject to several factors, including global macro policy, 
institutional adoption, and regulation development, all of which are key to 
shaping overall market sentiment. Related Reading: Dogecoin Recovery Push 
Continues, But Bears Still Threaten One Final Drop Bitcoin Price Overview At 
press time, Bitcoin trades at $78,361, down 2.72% over the last day. As 
Bitcoin’s momentum continues to decline in May, the monthly price chart now 
reports a 4.50% gain. To sustain its current uptrend, BTC must break above the 
sturdy $82,000 price barrier, which could pave the way for a move toward the 
next major resistance at $88,000. On the downside, bulls must defend the 
crucial $78,000 support level, as a breakdown below this level could close out 
the present range-bound movement with a downswing. Featured image from Pexels, 
chart from Tradingview

Bitcoin Power Law Forecasts Price Bottom Of $42,800 – Details

The interim Fed leadership highlights potential governance challenges and 
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A new global financial crisis is not confirmed, but the path toward one is now 
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The post Markets are moving toward a new global financial crisis. These are 
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Christopher Harborne entered the Sunday Times Rich List in sixth place, as 
Parliament opened a probe into Farage. The Sunday Times Rich List 2026, 
published on May 15, placed Christopher Harborne sixth among Britain&#8217;s 
wealthiest individuals. His estimated £18.2bn fortune…

Tether Billionaire Christopher Harborne Enters UK’s Richest People List

The Trump ethics fight over crypto is now the biggest obstacle to the CLARITY 
Act reaching 60 Senate votes. Analysts and lawmakers have identified the 
ethics provision as the CLARITY Act&#8217;s most consequential unresolved issue 
heading to the Senate floor.…

Santiment warns Bitcoin CLARITY act euphoria may reverse gains

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