TL;DR Bitcoin (BTC) has been experiencing a lack of significant gains recently, contrasting with the performances of several altcoins. Factors such as MicroStrategy’s recent Bitcoin purchase and certain on-chain metrics suggest potential upcoming positive movement for BTC. Bitcoin’s hash rate has reached a new all-time high, indicating increased network security and potential investor confidence, though it also brings the possibility of higher operational costs for miners. Is BTC’s Consolidation About to End? Unlike some alternative coins like Solana (SOL), Binance Coin (BNB), Polkadot (DOT), Polygon (MATIC), and more, Bitcoin (BTC) has failed to record any gains lately. Its price is currently below the $43,000 level (per CoinGecko’s data), charting a 3% decline on a weekly basis. This has also led to a significant drop in its market dominance, specifically over the past few days. However, different factors hint that BTC could start rallying in the near future. One example is ...