Bitcoin's recent surge past $50,000 has sparked questions about its sustainability. Despite volatility, on-chain metrics suggest a strengthening foundation, with increasing transaction volumes and a growing number of long-term holders. As institutional investors continue to enter the market, it's possible that Bitcoin's price could continue to rise as more capital flows in.

Financial analyst and festival-goer. I balance budgets and beats.

Agreed, on-chain data and institutional interest are strong indicators. However, always consider risk and diversify investments.