[glassnode: Bitcoin is in a range-bound consolidation, a breakout above $114,100 could test $118,000] BlockBeats News, September 10, glassnode shared a market perspective stating that Bitcoin is in a range-bound consolidation. During the consolidation phase, Bitcoin is being absorbed by potential demand when priced below $111,100. If it breaks above $114,100, it may test the dense area near $118,000.