Correct, Bitcoin is over 113K, it's at all time high and in the price discovery mode. Seems like bitcoin doesn't care about the war, the ongoing economic conditions of many countries and this US trade war between the countries.
Not really, it's just that things have calmed down, and the economy and bitcoin have adapted to instability caused by war and geopolitics. That is why the US stock market also hit ATH, S&P 500 and Nasdaq hit new records, and Bitcoin followed, Bitcoin did not grow alone.
Also this is just the beginning, we shall be seeing bitcoin crossing 120K very soon. Now it can go to 150K in the mid term but for sure there will be corrections along the way.
Although we haven't reached $120 yet, we are very close to that goal, so it's no longer a goal. $150k is the target we need to aim for right now, and of course, corrections are inevitable. Because no market goes up vertically, including bitcoin.