Markets – Bitcoin Consolidates Around $120,000

Our chart of the week is ZORA.

After breaking out above $110K in early July to a fresh all-time high just under $123K, Bitcoin has been consolidating in a new range between $115K and $120K.

Meanwhile, BTC dominance has dipped to 61% from its cycle high of 66%, primarily due to the rally in large-cap altcoins like ETH, XRP and BNB.

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Source: https://thedefiant.io/education/premium-tutorials/markets-bitcoin-consolidates-around-usd120-000