Bitcoin (CRYPTO: BTC) remains unfazed by uncertainty surrounding the CLARITY Act, while an expert says a move above key technical levels could shift its price trajectory.

No Vote Before Summer Break

The U.S. Senate will not vote on the crypto CLARITY Act before its August recess, pushing the next potential window to September.

The Senate is scheduled to return on Sept. 14, leaving roughly three weeks to address the crypto market structure bill and other pending legislation.

Senate Majority Leader John Thune (R-SD) confirmed there will be no August vote, but said the bill is expected to be taken up quickly when lawmakers return.

Digital Chamber CEO Cody Carbone said the crypto industry will use the coming weeks to find enough bipartisan common ground for a successful September vote.

The CLARITY Act needs 60 votes to advance, and it remains unclear whether it currently has even 50, with opposition coming from some Republicans and Democrats, CoinDesk reported.

"The industry is fighting to get regulated and rules in place because we see the value of clarity for users and innovators and American leadership," the Coinbase’s Vice Chair Ryan VanGrack said in a Fox Business interview on Aug. 7.

September Becomes Critical Window

In a podcast on Aug. 7, crypto commentator Lark Davis stressed on CLARITY Act’s passage before the midterm elections as increasingly important.

"If it doesn’t get through before midterms, the likelihood of the Crypto CLARITY Act passing, I think, fades very, very quickly," Davis said.

Despite the uncertainty, cryptocurrency prices have not experienced the sharp selloff that might ordinarily accompany a major regulatory setback. While Bitcoin is continuing to hold abovw $64,000, the broader crypto market valuation moved 0.3% higher over the past 24 hours.

"The good news is that the coins didn’t really care about this very much," he said.

Bitcoin Eyes Bullish Breakout

Davis highlighted an ascending triangle developing on Bitcoin’s chart, although he cautioned that the pattern could still break lower given the broader downtrend.

A decisive move above $67,000 could materially change the technical picture.

Davis sees an implied breakout target around $77,000, which would also take Bitcoin above its 200-day exponential moving average near $72,000.

On the downside, a break beneath the pattern’s support could instead reinforce the prevailing bearish trend.

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