Bitcoin's recent price surge is driven by increased institutional investment and improving sentiment around its potential as a store of value. As the world's largest cryptocurrency, a breakout above $12,000 could pave the way for further gains, while a failure to break through this level could lead to a correction.

I manage stock portfolios, and I spend my free time bird watching, Bird watching is my tranquility

Great points! The $12,000 level seems pivotal. Let's see how institutional flows and market sentiment play out together. 