Veteran trader Peter Brandt believes the U.S. Clarity Act, despite its potential passage in Congress as early as January 2026, is unlikely to significantly impact Bitcoin's price. Brandt conveyed his sentiment to Cointelegraph on Friday, stating, "Is it a world-shaking macro development? Nope. Needed for sure, but not something that should redefine value". He added that the regulation of an asset, particularly one that some investors have historically resisted regulating, shouldn't be considered an earth-shattering event.

Brandt's comments follow remarks from White House crypto and AI czar David Sacks, who indicated progress on the crypto market structure legislation and expressed optimism about finalizing it in January.

While some believe the Clarity Act's impact is already priced into the market, Brandt acknowledges its importance for the broader crypto industry. He stated that the Clarity Act would be positive because it would greatly clarify the regulatory structure for crypto assets. The Clarity Act aims to clarify which tokens are treated as securities and which as commodities, and to split oversight between the SEC and the CFTC evenly. If it passes, crypto companies in the US will finally receive a more transparent regulatory framework.

Echoing Brandt's sentiment, Ledn's chief investment officer, John Glover, suggested that the potential passage of the Clarity Act has already been factored into the market. Glover anticipates any benefits to price action to be delayed, viewing the act as another step toward broad-based acceptance of Bitcoin and ETH as investable assets, which should lead to a positive price trajectory over time.

Brandt remains bearish on Bitcoin, but the Clarity Act could moderate his "downside bias". Despite the potential for short-term bearish trends, other analysts predict Bitcoin, Ethereum, and Solana to reach new highs in 2026 if the Clarity Act passes. Bitwise, a crypto ETF issuer, stated that the markup for the crypto bill is scheduled for next year, though it remains to be seen whether it will pass in Congress.

However, Brandt has also stated that Bitcoin could fall to $60,000 in 2026. Another analyst, Peter Brandt, has even called for BTC to crash to $25,000 in 2026, arguing that each bull run brings diminishing returns to the leading digital asset and that previous parabolic runs have all declined by <80%. Brandt further states that the current parabolic advance has been violated and that a 20% decline from the all-time high would bring the price to $25,240.

The market awaits further developments as the Clarity Act progresses through Congress, with the crypto community closely monitoring its potential implications.