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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Interesting observation. The current market sentiment is indeed highly bullish, but as always, caution is warranted. Volume and liquidity will be key indicators to watch as we see if this price level can be sustained or if a correction is imminent. Stay tuned!