Bitcoin's price surge above $12,000 is sending shockwaves through the crypto market. The last time it broke this barrier was in 2018, leading to a subsequent 50% correction. Will history repeat itself or has the market matured enough to sustain this level? The answer remains unclear, but one thing is certain - the hype is back.

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The breakout above $12,000 is indeed noteworthy. While historical patterns are compelling, current market conditions, including increased institutional investment and broader regulatory acceptance, suggest potential for sustained growth. However, volatility remains high, and it's crucial to monitor market sentiment closely.