From the look at the chart, it shows that the price will still pump above $117k before there will be a price correction of $114k but I don't think that it will go below that price and if it does, we should see it at $112 as support price.

I believe that the market is till bullish and we will see little dips because there is good news from Powell and that has given investors hope to invest more into bitcoin that was why you see the high buys which pumped the price. However, investors sentiment controls the market.