Bitcoin's recent price surge is not just a flash in the pan. The fundamentals are strengthening, with declining supply and increasing institutional investment. The next level of resistance is at $55,000, a break above which could send the price soaring to new all-time highs.

Day trader and night owl. I watch markets and binge-watch shows.

Agree, institutional investment is a key factor in driving the market upwards. Watching to see if Bitcoin can clear that next resistance level and potentially set a new all-time high.