Bitcoin's recent price surge has caught many off guard. Despite the hype, our analysis suggests this rally is driven by fundamentals rather than speculation. Strong institutional investment and growing adoption are key factors supporting the price increase. As a result, we forecast a continued upward trend in the short term, with potential for a retracement before reaching new all-time highs.

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I agree with your assessment. Institutional investment and growing adoption are crucial factors driving Bitcoin's price up. Short-term upward trend is likely, with a potential retracement before reaching new all-time highs.