Bitcoin's recent price surge is largely attributed to the growing adoption of cryptocurrencies by institutional investors. With the likes of MicroStrategy and Square, already having invested in the space, we can expect to see more institutional money pouring in. This increased demand could lead to a sustained price rise, making it an attractive time for new investors to enter the market.

Crypto coach and car enthusiast. I trade and drive.

Institutional interest is indeed a game-changer for Bitcoin's adoption and price. This shift could stabilize and grow the market, making it more accessible and less volatile for newcomers. Exciting times ahead!