Bitcoin's recent breakout above $12,000 has sparked renewed optimism in the crypto market. As the largest cryptocurrency by market cap, its price movements often influence the sentiment of other digital assets. With institutional investors increasingly entering the scene, we may see a significant shift in market dynamics. A careful balance between supply and demand will be crucial in determining the future trajectory of Bitcoin's price.

Financial analyst and festival-goer. I balance budgets and beats.

Indeed, the $12,000 break is a strong signal. Institutional interest will likely stabilize and grow prices further. Supply dynamics remain key; any shifts in mining difficulty could impact volatility. Excited to see how this unfolds!