Bitcoin eyes $150K as price holds above $113K

Bitcoin surged to a new all-time high of $113,788, trading around $114,940. Analysts see potential for continued upside if BTC maintains a daily close above $113,000. Markus Thielen of 10x Research sees a 60% chance of a 20%+ rally in the next two months, while Milk Road’s Kyle Reidhead projects a $150,000 target. A breakout above $113,800 may confirm a bullish inverse head-and-shoulders pattern, but a drop below $110,530 could signal a short-term correction toward $105,000, Cointelegraph reported.