🚨Bitcoin soars to the sky and then turns around, $120,000 becomes the 'new battlefield'!

This week, Bitcoin started with a bang, like it was injected with adrenaline, soaring from last week to a peak of $123,000, breaking historical records and igniting the crypto world!

💰In just five days, it skyrocketed by $15,000, many people's wallets began to swell, and they all wondered, 'Can I retire comfortably now?'

But... how could the market let you make money so easily? This wave of 'only up, no down' prosperity will eventually take a breather.

👀The market began to enter the expected 'correction mode'. On the news front, as soon as the U.S. June CPI data was released, it immediately doused the market with cold water, and with many choosing to cash out, Bitcoin was smashed down by $7,000 within 24 hours!

However, don't panic! The bulls didn't let BTC continue to plummet and began a strong counterattack. By the weekend, Bitcoin surged again towards the $120,000 mark and even tested $121,000, but unfortunately couldn't hold on in the end, correcting down to a low of $117,000.

📉 Currently, BTC's price hovers around $118,000, although it's still a bit green, it's not as thrilling as before.

🔍 In terms of market capitalization, it's now at $2.35 trillion, but Bitcoin's market dominance has fallen below 60%, which means altcoins are quietly stealing the spotlight! #BTC