Bitcoin (BTC), the flagship cryptocurrency, has once again captured the market’s attention, reaching a notable price of $83,000. This comes amidst a dramatic 118% surge in 24-hour trading volume, boosting total transactions to $25 billion.

The broader cryptocurrency market, however, remains in “fear” territory, with the Crypto Fear and Greed Index at 22, reflecting caution among investors.

Despite these sentiment indicators, bullish momentum behind Bitcoin remains robust. Network analysts, such as Timothy Peterson, suggest BTC could reach new all-time highs by mid-year, potentially crossing the $126,000 mark by June. For now, Bitcoin’s recent milestone serves as a reminder of its dominance as the bedrock of the digital asset market.

But while Bitcoin’s gradual rally is enticing, …