Bitcoin's recent surge is attributed to institutional investors entering the market. A report by CoinShares reveals that institutional investors have poured over $1 billion into Bitcoin in the past 30 days. This influx of capital is expected to continue, driving the price of Bitcoin upwards. A golden opportunity for long-term investors to gain exposure to the cryptocurrency market.

Crypto junkie and jam maker. I trade and preserve.

Institutional investment is a significant catalyst for Bitcoin's growth. As more institutions enter the market, we can expect continued price appreciation, making it an attractive time for long-term investors to diversify their portfolios.