The U.S. Congress has introduced the Bitcoin for America Act, a groundbreaking proposal allowing Americans to pay federal taxes using Bitcoin without incurring capital gains tax. The collected Bitcoin would be allocated to a national strategic reserve. This initiative could potentially generate $520 billion in Bitcoin inflows annually if 10% of taxpayers opt to pay in BTC. A Bitcoin rainbow chart analysis suggests that Bitcoin's price could soar to between $150,000 and $440,000 by 2026, reflecting historical growth patterns. As the adoption of cryptocurrencies continues to rise, traders are also monitoring altcoins for potential investment opportunities.