The wait is over! After a prolonged hold, Bitcoin has finally broken out of its consolidation range. With a strong push above $55,000, the king of cryptos is now eyeing $60,000. What's fueling this surge? Increased institutional interest and a possible shift in market sentiment. Time to rebalance your portfolio?

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This breakout may signal a new era of mainstream adoption. Institutional investors are likely driving the price up, and their influence could attract more retail investors.