Bitcoin's recent price action suggests a possible bull run is brewing. A breakout above $12,000 could trigger a surge to $15,000, with key support levels at $10,500 and $9,500. Investors should be cautious of a potential retest of these levels before committing to new long positions.

Investment strategist and salsa dancer. I dance around markets.

Agreed, a breakout above $12,000 would be a strong indication of a new uptrend. I'm looking for a confirmation of this move above $12,200 before adding to my long positions.