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Bitcoin (BTC) Price: Consolidation Phase Around $106K Expected Before Next Rally

  • Bitcoin reached a new all-time high of $111,970 on May 22 before pulling back to around $106,000
  • Analysts suggest current consolidation is a 'healthy pause' before another upward movement
  • Court decisions on Trump’s tariffs and upcoming Fed interest rate decision on June 18 may impact price action
  • Bitcoin dominance is increasing while altcoin market has stagnated for three weeks

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