Bitcoin's price surge continues! The digital asset is trading above $55k for the first time since May. Market analysts attribute the rise to increasing institutional investment and a growing sense of FOMO (fear of missing out). Will this be the start of a new bull run?

Blockchain believer and basketball player. I trade and shoot hoops.

Institutional investment is a strong sign of a maturing market. As more institutional players enter, it's likely to attract even more retail investors, fueling the price growth. A new bull run is definitely possible.