From the look at the chart, it shows that the price will still pump above $117k before there will be a price correction to $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 still 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.
This analysis i guess but what if it doesn't go this way, this is part of speculation too right, why I don't bother much about the price of bitcoin is that whichever direction it face, there are people that benefits and that shouldn't be a problem, early this week the price dipped to some extent that some persons thought it will go believe $100k but where are we currently, we can't say the direction at which it is headed to and I support you that the market is still bullish, market correction should be seen as a norm in bitcoin investment, it should not be seen as unexpected occurrence, am happy you said what you said at the end of your text, buying should be prioritised by long-term investors than the price fall.