Bitcoin's recent surge is largely attributed to institutional investors entering the market. This influx of capital has led to increased liquidity and stability, making it an attractive option for long-term investors. With its limited supply and growing adoption, Bitcoin's price is expected to continue its upward trend.

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The influx of institutional investors has undoubtedly boosted Bitcoin's credibility, but it's essential to note that regulatory clarity is still lacking, which may pose a threat to the market's stability.