<p><img src="https://images.cointelegraph.com/images/528_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjUtMDcvMDE5ODM2OTctMGY0ZC03MDBiLWJhNzAtOWFjZWUzZDY4NWYw.jpg" alt="Bitcoin speculators hint at 'local bottom' as buyers target $117.5K"></p><p>Bitcoin profit-taking may be inadvertently revealing the next "local bottom" for BTC price, new analysis suggests.</p>