Bitcoin's recent price action has been nothing short of impressive, with a 15% surge in the past week alone. As the largest cryptocurrency by market capitalization, its movement can have a significant impact on the entire market. With institutional investors slowly but surely entering the space, and the upcoming halving event on the horizon, it's possible that we're on the cusp of a significant bull run. Could this be the start of something big?

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The halving event could be a major catalyst for a price increase, considering the reduced supply and increasing institutional interest. If Bitcoin can break above $12,000, it could be a strong sign of a sustained uptrend.