Bitcoin is testing critical resistance levels, potentially signaling a breakout into uncharted territory amidst attention from analysts and investors.
BTC's dominance in the total crypto market cap rose by 1% in June, emphasizing its appeal to institutional investors over altcoins favored by retail traders.
Bitcoin's market share growth reinforces its position as a reliable store of value, with analysts predicting a surge past $150,000 if a clean breakout above the all-time high is confirmed.
BTC's consolidation below the all-time high at $112,000 with tight price action between $103,600 and $109,300, indicating the need for a significant breakout to establish new highs.