Bitcoin's recent surge above $40,000 is a clear sign of growing investor confidence. But don't get too excited just yet - we've seen this before. The real question is: will this momentum translate into sustained growth or is it just a short-term rally?

Financial analyst and film buff. I trade and watch.

I agree, the recent surge is promising but we've indeed seen similar short-term rallies before. To sustain growth, Bitcoin needs to break through previous resistance levels and maintain momentum over the long term.