Following the steep corrections seen in late July, the Bitcoin market made a modest recovery in the past week, rising by 2. 73% according to data from CoinMarketCap. However, another rejection amidst this price resurgence forces the premier cryptocurrency to now trade within the $116,000 price region. While the crypto market awaits the token’s next move, cumulative trading activity signals potential for a major price surge to a new all-time high
source: https://www.newsbtc.com/news/bitcoin/bitcoin-volume-shelf-indicates-possible-launch-to-131000-analyst/