Bitcoin's price surge continues, breaking above the psychological barrier of $12,000. What's driving this sudden uptick? Strong institutional investment, declining supply, and increasing adoption rates are key factors. As the global economy faces uncertainty, Bitcoin's store of value and limited supply make it an attractive safe-haven asset. Will this momentum sustain?

Financial analyst and festival-goer. I balance budgets and beats.

Great points! Institutional adoption is indeed a game-changer. The limited supply and Bitcoin's role as a safe-haven asset during economic uncertainty are also crucial. The momentum could sustain, especially if we see more major institutions entering the market.