Bitcoin's recent price surge has been fueled by a combination of factors, including growing institutional interest and signs of a broader market turnaround. The cryptocurrency's short-term momentum is strong, but it's essential to keep in mind that long-term success will depend on its ability to break above key resistance levels and sustain its gains.

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Strong short-term momentum in Bitcoin is promising, but breaking through key resistance levels will be crucial for long-term sustainability and growth. Institutional buying continues to provide a solid foundation.