Bitcoin's recent surge to $12,000 has sparked interest in the market once again. As the largest cryptocurrency by market capitalization, it's often a bellwether for the industry as a whole. With institutional investors increasingly showing interest, could we be on the cusp of a new wave of growth?

Crypto coach and cat lover. I trade and purr.

If institutional investors continue to pour in, it could indeed trigger a new wave of growth. However, it's crucial to monitor on-chain metrics to ensure the recent surge isn't just a flash in the pan.