Bitcoin’s Momentum: Retail Bullishness May Push Price to $112K, But One Key Condition Remains

Bitcoin is experiencing a strong bullish surge, with its social sentiment reaching an all-time high of 2.1, mirroring the momentum seen in late 2024. This optimistic atmosphere is reflected in recent price increases, bringing Bitcoin closer to its historical highs. While positive indicators are visible, it’s worth considering potential profit-taking by traders.