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"crisis mode": 5 things to know about Bitcoin this week#BTC120kVs125kToday $BTC

Bitcoin is reacting to macroeconomic changes in the United States and around the world with a surge to $123,000.

The strength of the BTC price shows no signs of reversing, as for the first time after the weekly close the level of $123,000 is reached.

1- July's gains remain normal in percentage terms, despite the gigantic figures in US dollars.

2- The week of the US CPI begins with a cloud hanging over the fate of the Federal Reserve Chairman, Jerome Powell.

3- According to analyses, the problems of the US deficit are driving Bitcoin upwards relentlessly, and the situation as a whole is far from being "normal".

4- Bitcoin's dominance shows signs of weakness and altcoins are more than willing to take over.

"Therefore, I believe the price will rise before we reach the cycle peak," he added.

✅🟢 It is a good time to buy today 🟢✅