Bitcoin Breaks $100K Barrier for First Time Ever, Could Reach $150,000?

Bitcoin has achieved a significant milestone, staying above the $100,000 mark for over 30 consecutive days. This marks a historical first and has analysts predicting a potential price surge to reach $150,000. Analysts attribute this strong performance to expanding DeFi applications and increasing institutional investment. The bullish signal is further supported by charts showing an inverted head-and-shoulders pattern, which could indicate a breakout toward the $150,000 level. This move aligns with the ongoing growth of global M2 money supply, another indicator suggesting potential for significant price increases in the near future.