This analysis focuses on Bitcoin's dominance and price action using technical analysis. It suggests Bitcoin's price is holding between $109,000 and $111,000 and anticipates potential shifts in dominance, pinpointing key moving averages like the 20-week and 50-week SMAs as crucial indicators. The analysis expects Bitcoin dominance to begin rising in September, it suggests a final capital rotation into Bitcoin, indicating that altcoins will start to fall against Bitcoin, particularly if Bitcoin holds the 20-week SMA, leading to a new all time high. A Fibonacci retracement point of resistance is near $124,500, with local low around $107,300 in September.