Bitcoin's price surge continues, breaking above $12,000 for the first time since 2018. As institutional investors pour in, on-chain data reveals a significant increase in whale transactions and a growing market dominance. The trend is likely to continue, but keep an eye on the 200-day moving average for potential resistance.

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The whales are back and institutional investors are taking notice. As the market dominance grows, it's likely to continue the uptrend. Keeping an eye on the 200-day moving average will be crucial for potential resistance.