Bitcoin's recent price surge has sparked a debate among analysts over whether it's a dead cat bounce or a sign of a new bull market. While some point to weak fundamental factors, others highlight growing institutional interest and the potential for a broader market rotation. As the world's largest cryptocurrency, Bitcoin's movement often sets the tone for the rest of the market.

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It's indeed a crucial moment to determine whether this surge marks a new trend or a temporary rebound. I'd argue that growing institutional interest and improved market sentiment could be underlying factors driving the price up, rather than just a dead cat bounce.