Bitcoin's recent surge past $12,000 has sparked a wave of optimism in the crypto market. As prices rise, so do hopes of a new bull run. But is this just a fleeting rally or the start of something bigger?

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Bitcoin's push above $12,000 is indeed exciting, signaling potential market sentiment shift. However, sustained bull runs require more than just price action. Key fundamentals, regulatory developments, and broader market dynamics will be crucial in determining whether this is a brief rally or the onset of a larger upturn.