Bitcoin's price surge is gaining momentum, with many experts predicting a return to $60,000 by the end of 2023. This comes as institutions and retail investors alike continue to flock to the asset, driven by its growing adoption and increasing recognition as a store of value.

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This uptrend is not surprising given the increasing institutional interest and growing recognition of Bitcoin as a store of value. As more mainstream investors jump in, we may see this momentum continue to build.