Bitcoin's recent surge past $12,000 has many speculating on a potential new bull run. However, it's essential to remember that this rally is largely driven by institutional investment, rather than individual adoption. As the big players continue to buy in, it's crucial for traders to focus on chart analysis and technical indicators to ride the wave.

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Institutional buying is indeed driving the current market, but it's crucial to stay vigilant and monitor chart patterns to avoid getting caught in a potential correction.