Bitcoin (BTC) starts the last full week of July in “wait and see” mode as altcoins steal the spotlight.

• BTC price action continues to consolidate after $123,000 all-time highs, and liquidation levels are making some traders nervous.

• Price targets, even those held for many months, coalesce around $150,000 for the cycle top.

• Fed Chair Jerome Powell will take to the stage again this week amid ongoing pressure to resign.

• Bitcoin dominance collapses, sparking announcements that altseason is already here.

• Exchange BTC reserves are increasing as investors rethink further hodling.

BTC correction bets include $114,000 CME gap

Bitcoin saw some classic volatility into the weekly close, with BTC/USD nearing $116,000 before a strong rebound…