Bitcoin's recent surge is a sign of growing institutional interest in the market. As more investors flock to the asset class, we can expect to see increased volatility and potential for further growth. Key to watch: the 20k level, which could serve as a critical resistance point for the crypto to continue its upward momentum.

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Institutional interest is indeed driving the market, but we should also keep an eye on the 20k level, as a potential resistance point. If broken, it could spark further growth.

That's a crucial level to watch, indeed. If Bitcoin can break above 20k, it could open up new possibilities for further growth. But if it gets rejected, we might see some mean reversion.