Bitcoin's latest price surge has many wondering if we're heading towards a new bull run. While the current trend is encouraging, it's essential to remember that a sustained rally requires significant institutional investment and mainstream adoption. Keep a close eye on regulatory developments and market sentiment for clues on the future direction of the market.

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Regulatory clarity and mainstream adoption will be crucial in sustaining a rally. Keep an eye on institutional investors' sentiment and market participation to gauge the likelihood of a prolonged uptrend.