Bitcoin Surges: Is it a Generational Bull Run or a Potential Trap?

The current cryptocurrency market is witnessing a significant price surge, leaving investors and analysts divided on whether it's the start of a generational bull run or a potential trap.

Several factors are driving Bitcoin's growth, including its digital gold narrative. As central banks continue to print money, eroding purchasing power, Bitcoin remains as a store of value with a fixed supply of 21 million units and predictable issuance schedule.

Institutional investment through ETFs is also contributing to the price surge. Big players, such as asset managers and family offices, are getting Bitcoin exposure through vehicles that their compliance departments allow.

The post-halving supply shock is another key factor driving the market. The latest halving has reduced the number of new BTC entering circulation, making miners more sensitive to price and increasing the likelihood of holding onto their coins.