Bitcoin's volatility is back, with prices surging above $12,000. The sudden uptick is attributed to a combination of factors, including improved macroeconomic sentiment and increased institutional investment. As the market continues to oscillate, we expect to see a retest of the $13,000 level.

It's important for investors to stay informed and cautious during periods of high volatility in the cryptocurrency market. Diversification and risk management are key strategies to consider in such unpredictable times.