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Can Bitcoin Price Sustain Its Bullish Momentum? Analyst Identifies Local Top At $113K

  • Bitcoin price reached a record-high of $111,807 before witnessing a correction in the last 24 hours.
  • Analyst Joao Wedson identified a potential local top for Bitcoin around $113,000 - $114,000, hinting at a temporary cool-off period.
  • The market sentiment remains positive, with expectations of Bitcoin's price resuming its upward rally after a possible cooling-off period.
  • Altcoins may surge back following Bitcoin's peak, but Bitcoin continues to lead the market significantly.

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