Bullish momentum is building in the crypto market, with Bitcoin breaking above the $11,500 resistance level. The recent surge is driven by increased institutional investment and a shift in sentiment towards a more optimistic outlook. As a result, traders are positioning themselves for a potential breakout above $12,000, which could spark a new wave of buying pressure.

With institutional investment driving the surge, I think we're seeing a genuine shift in sentiment. If Bitcoin can hold above $11,500, a breakout above $12,000 could be the catalyst for a significant price increase.