Bitcoin Bull Run Analysis: Are Bulls Still Dominant as BTC Price Exceeds $112K?

The cryptocurrency market has been experiencing noticeable volatility, but Bitcoin has demonstrated remarkable resilience. Current market analysis suggests that buyers still hold significant influence, even with the emergence of some hesitation signals. Bitcoin’s price has surpassed the $112,000 level, reflecting ongoing buying strength. However, traders should exercise caution and closely monitor technical indicators to identify potential entry and exit points. Trading volume remains relatively robust, indicating sustained interest in Bitcoin. The market may experience temporary corrections, but the overall trend remains upward. Investors should diversify and manage risk wisely to protect their investments in this dynamic market.