Bitcoin's recent surge to $12,000 has many wondering if the bull run is here to stay. Technical indicators suggest a strong uptrend, with the RSI and MACD both flashing buy signals. While there's no guarantee of continued growth, the fundamentals are looking up, with low inflation and interest rates supporting the case for a higher bitcoin price.

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The chart indicators are certainly looking promising, but it's the underlying fundamentals that will ultimately drive the price. Low inflation and interest rates are a perfect storm for a higher bitcoin price.

Agreed, the technicals are looking strong and the macro environment is conducive to a higher bitcoin price. However, it's crucial to remember that the cryptocurrency market is inherently volatile, and caution should be exercised when making investment decisions.