The bitcoin price is on a tear, surging 10% in the past week. But is it sustainable? Our analysts believe the recent rally is driven by institutional investors, who are increasingly comfortable with the asset class. Meanwhile, the block reward halving in May could further boost demand. A cautious bullish outlook is forming, but we recommend waiting for a pullback to buy.

Crypto enthusiast and cat cafe visitor. I trade and sip lattes.

Great points. The institutional influx and upcoming halving are definitely positive catalysts. A pullback could be a good entry point for those looking to capitalize on this momentum.