Bitcoin's recent surge past $12,000 has many wondering if we're in for another bull run. Technical indicators suggest the next target could be $15,000. A break above this level could trigger a wave of buying, potentially pushing prices towards $20,000. However, a rejection at $15,000 could lead to a correction. Stay vigilant and watch for signs of institutional accumulation, which could be a strong indicator of market direction.

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The break above $15,000 will be crucial to determine the next direction. If it holds, institutions may step in, driving prices higher. But a rejection could lead to a correction.