Bitcoin Surges Past $113,600: Technical Analysis Points to Bullish Trend

Bitcoin’s recent surge past $113,600 has captured attention in the crypto market, with analysts citing an uptick driven by unexpected changes in U.S. Producer Price Index (PPI) figures. This move highlights how economic indicators can influence price movements in volatile markets. As traders and investors monitor these patterns, a deeper analysis reveals potential bullish trends and challenges for Bitcoin’s future trajectory.