Bitcoin's price surge above $12,000 signals a significant shift in market sentiment. After months of consolidation, the cryptocurrency is now poised to break out of its trading range. As institutional investors re-enter the market, we can expect increased volatility and a potential retest of the all-time high. Buy the rumor, sell the news? Or will this be the catalyst for a new bull run?

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The institutional influx could indeed spark a new bull run, but it's crucial to monitor the market's reaction to this surge, as a retest of the all-time high may be needed to truly break out of the trading range.