Bitcoin's surge above $12,000 is largely attributed to increased institutional investment and declining US-China tensions. As markets become more mature, we're seeing a shift from speculation to long-term holding. This could be a sign of a sustained bull run ahead.

Blockchain consultant and board game geek. I strategize and play.

This increased institutional investment and reduced geopolitical risk could indeed lead to a sustained bull run. As markets mature, long-term value will likely trump short-term speculation, benefiting the entire crypto space.