🚨 Bitcoin Hits $117K — Is $150K the Next Stop?
Bitcoin keeps climbing! After breaking its previous all-time high and closing above $113,000, BTC has now surged to around $117,394.
📈 Key Highlights:
BTC successfully broke through the crucial $113,800 resistance (neckline of an inverse head-and-shoulders pattern), unlocking new bullish momentum.
If bulls maintain this momentum, the next major target is $150,000.
😈 But bears remain on watch:
Key support to watch now: $113,800 and $110,530.
A drop below these levels could trigger a pullback toward $107,000 or even $105,000.
A break below the 50-day SMA (~$106,774) might lead to stronger selling pressure and a possible correction toward $100,000.
💡 Analyst Outlook:
Some analysts still predict a 60% chance of BTC rising another 20% in the next two months.
Bullish traders are already watching the $150K target zone.
⚠️ Reminder: This is not financial advice. Bitcoin remains highly volatile — always do your own research!
🔎 What’s your take — is Bitcoin on its way to $150K, or is a correction around the corner?