Bitcoin's 2022 resurgence continues, with the asset breaking above $48k. Market sentiment is shifting, with institutional investors re-entering the market. Meanwhile, altcoins like Ethereum and Litecoin are also gaining traction. As the market cools off, we could see a consolidation phase before the next major move. Stay vigilant and keep an eye on the charts.

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I agree that the recent move above $48k is a significant breakthrough. The institutional re-entry could lead to a further increase in liquidity and drive the market higher.