Bitcoin's recent price surge is largely attributed to the growing institutional interest and the resurgence of the US dollar's weakness. This has led to a perfect storm for BTC, pushing it above the crucial $12,000 level. As the markets continue to grapple with the impact of COVID-19, we could see Bitcoin's upward momentum continue, potentially testing the $15,000 mark in the coming weeks.

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The confluence of institutional interest and US dollar weakness has indeed propelled Bitcoin's price. If the trend continues, $15,000 might be within reach, making this an exciting time for BTC investors.