Bitcoin has shown steady gains this week, trading between $108,800 and $109,300—a tight range, but with a clear bullish tilt. So, what’s behind the upward momentum?

Let’s break down the key drivers of Bitcoin’s current rally:

🔑 Key Takeaways (July 1–7, 2025):

• BTC Range: $108,800 – $109,300

• Weekly Trend: Mildly bullish (+0.75% to +1.83%)

• Week High/Low: $110,116 / $105,162

• Short-Term Resistance: ~$109,000–$110,000

• Year-over-Year (YoY): ~89% gain

• Month-to-Date (MTD): ~4% gain

🔍 So Why Is Bitcoin Going Up?

1. 🇺🇸 Strong Political Tailwinds: Crypto Week in Congress

Washington is paying attention. Congress has officially declared July 14–18 as “Crypto Week,” with three major bills under discussion:

• CLARITY Act: Builds a regulatory framework for digital assets

• Anti-CBDC Surveillance State Act: Pushes back against a digital dollar

• GENIUS Act: Aims to boost blockchain innovation

These bills—strongly supported by Republican leaders—could shape the future of crypto in the U.S., signaling legitimacy and regulatory clarity. The anticipation alone has stirred confidence across the market.

Meanwhile, the recently passed One Big Beautiful Bill Act (increasing the debt ceiling by $5 trillion) could indirectly push investors toward decentralized assets like Bitcoin as a hedge against inflation and fiscal uncertainty.

2. 🧊 A Satoshi-Era Wallet Came to Life

A dormant Bitcoin wallet from 2011 moved 10,000 BTC (>$1B) for the first time in over a decade—raising speculation that an early miner (or even Satoshi himself) may be shifting holdings.

While this might have once triggered market panic, investors didn’t flinch. That’s a bullish signal in itself. The market maturity is clear: early holder activity now sparks curiosity—not selloffs.

3. 📊 Retail Traders Are Shifting to ETFs

On-chain retail activity is down—but that doesn’t mean they’ve disappeared. Retail investors are now buying Bitcoin ETFs through brokers, advisors, and retirement accounts.

In the U.S., this institutional-like access is gaining popularity, driving up ETF inflows without requiring blockchain-savvy users. Globally, self-custody still plays a larger role, but the message is clear: retail demand is alive—it’s just taking new form.

📅 How’s July 2025 Shaping Up?

✅ Institutional Inflows Continue

Heavyweights like BlackRock and Fidelity continue buying into spot Bitcoin ETFs, locking up liquidity and strengthening price floors. The rally is supported by consistent capital rather than short-term hype.

📈 July Historically Favors Bitcoin

Since 2013, Bitcoin averages +7.56% in July. So far, the price action aligns with history, and analysts are watching key levels:

• Resistance zones: $110K–$112K

• Targets: Some analysts are eyeing $115K–$125K if momentum continues

🔮 Looking Back: June in Review

June 2025 was a story of early hesitation and a strong finish. After bouncing between $97K and $112K mid-month, Bitcoin ended June near $107K—marking a record monthly close.

The recent performance shows that even amid global market tensions and political drama, Bitcoin remains resilient.

📌 Final Thoughts

• Bitcoin is gaining legitimacy from U.S. lawmakers and institutional players alike.

• Dormant whale activity shows renewed market interest.

• ETF inflows and macroeconomic factors (like debt concerns) continue driving capital into BTC.

• Volatility remains, but the direction is largely upward, with strong support around $108K and bullish continuation signs ahead.

Stay tuned—we’ll be watching the market closely as Crypto Week unfolds (July 14–18) and reporting back with the latest insights.

⚠️ Disclaimer: This update is for informational purposes only and does not constitute investment advice. Cryptocurrency markets are highly volatile and subject to significant risk. Always do your own research or consult a licensed advisor before investing.

Sources: TabTrader, public legislative records, ETF flow data.