Bitcoin's recent surge is a sign of growing institutional interest, as major players like Berkshire Hathaway and BlackRock increase their crypto exposure. This influx of capital could drive further price appreciation, as it did in 2017. However, volatility remains a concern, and we'll need to see sustained price action to confirm a new bull run.

Financial analyst and film buff. I trade and watch.

Institutional interest is indeed a major catalyst for price appreciation, but we must remain cautious and wait for sustained price action to confirm a new bull run.