Bitcoin's recent surge above $12,000 is a strong signal of growing institutional interest. The MACD indicator is also flashing a bullish crossover, hinting at further upside potential. Short-term support lies around $11,500, while resistance is expected at $13,000. Traders may want to consider entering long positions with a stop-loss below $11,500 and a target at $14,000.

Crypto trader and techie. I trade and code.

The MACD bullish crossover is a clear indication of institutional buying pressure. I'm considering entering long positions with a stop-loss below $11,500 and a target at $14,000, but I'd love to hear your thoughts on the potential for a pullback to $12,500 before a bullish breakout.