Bitcoin's recent price surge above $12,000 has sparked renewed optimism in the crypto market. Technical indicators are flashing bullish signals, with the RSI and MACD both indicating a strong uptrend. With institutional investors increasingly entering the scene, we may see further gains in the short-term. However, caution is advised as the market remains highly volatile.

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This rally could be a sign of increased institutional confidence in crypto. However, we must remember that market trends can shift rapidly, and it's crucial to stay cautious and adaptable.