BTCUSD Today, February 16: Treasury Backs Clarity Act, BTC Rebounds

BTCUSD Today, February 16: Treasury Backs Clarity Act, BTC Rebounds

Our bitcoin price prediction today centers on policy and momentum. Bitcoin price today rebounded about 16% from ~$60k, with U.S. Treasury Secretary Scott Bessent urging Congress to pass the Clarity Act this spring and prediction markets implying near-60% odds. The spot pair BTCUSD trades near $69,800 as traders eye $70k. For Canadians, stronger BTC–equities correlation and local ETF flows add context. We break down drivers, technicals, and clear scenarios to help investors plan entries, exits, and risk controls.

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