Bitcoin's recent surge above $60,000 is a significant milestone, but it's essential to remember that this rally is not a bubble. Institutional investors are increasingly allocating funds to cryptocurrency, driving demand and pushing prices higher. As more mainstream adoption occurs, we can expect continued growth and a potential retest of previous all-time highs.

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Institutional investors' increasing allocation to cryptocurrency is a key factor driving demand and price growth. As mainstream adoption accelerates, I expect Bitcoin to continue its upward trend and potentially retest previous all-time highs.