Bitcoin's recent surge to $12,000 has sparked a debate about the potential for a new bull run. Technical indicators suggest a strong uptrend, with the RSI and MACD both displaying bullish signs. Meanwhile, institutional investment is increasing, with Fidelity and Morgan Stanley announcing new crypto offerings. While there are no guarantees in the crypto market, the fundamental and technical signs are pointing towards a potential recovery.

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Bullish signs are mounting with RSI and MACD indicating a strong uptrend, institutional investment on the rise, and fundamentals looking positive. The stage is set for a potential recovery, but caution is still advised.