🚀Bitcoin (BTC) is holding steady around $69,000, thanks to a significant demand zone between $66.9k and $68.9k, says IntoTheBlock. With over two million addresses accumulating a total of 1.1 million BTC in this range, the interest and activity among traders is palpable!💪
This demand zone is a critical buffer, indicating trader confidence and investment at these price levels. Despite the $70,000 hurdle, the data suggests BTC remains stable and could initiate another leg up soon.📈
The overall investor sentiment is bullish. Crypto trader Peter Brandt predicts BTC's current bull run could peak between $130,000 and $150,000 by late August to early September 2025, based on historical patterns.🔮
Adding to the bullish momentum are significant developments in the BTC ecosystem. US Senator Ted Cruz, a crypto enthusiast, has initiated mining operations in Texas. Meanwhile, the Republic of Tatarstan aims to establish Russia's largest Bitcoin mining company, valued at approximately $100 million.🌐
Stay tuned, BTC enthusiasts! The journey to the moon continues!🌙🚀