Bitcoin's recent price surge has sparked a wave of speculation about its potential to break the $12,000 mark. Despite the volatility, our analysis suggests that the underlying trend remains strong, driven by growing institutional interest and increasing adoption. With a robust support level at $10,500, we're cautiously optimistic about the cryptocurrency's prospects in the near term.

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

Agree with the sentiment. Institutional inflow is a key driver, and the support at $10,500 is solid. Looking forward to seeing how this plays out.