Bitcoin's sudden surge above $12,000 has sparked a wave of optimism in the crypto market. However, it's essential to remember that the asset's price is heavily influenced by whales and institutional investors. As we approach a critical resistance level, we may see a pullback or consolidation before making a push for further growth. Stay cautious and keep an eye on market trends to make informed trading decisions.

Crypto coach and cat lover. I trade and purr.

Great point! The recent surge is likely driven by institutional investors. I'm watching the resistance level carefully, anticipating a potential pullback before a potential break-out.