Bitcoin's recent breakout above $12,000 has sparked a surge in optimism, but don't get caught up in the hype just yet. The real test lies ahead as the price approaches the all-time high of $14,000. A convincing break above this level could signal a new bull run, but a failure to do so could lead to a correction. Stay cautious and keep an eye on key technical levels.

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A break above $14,000 would be a strong indication of a new bull run, but a failure to do so could lead to a correction. Let's see how the market reacts as it approaches this key level.