The price of Bitcoin jumped above $94,000, driven by a wave of institutional buying and increased interest from individual investors, amid warnings of a potential price peak approaching. Sentiment of 'fear of missing out' among small traders has risen following the rapid increase, which is often a precursor to corrective moves. In contrast, large wallets have added more than 50,000 Bitcoins since March, bolstering the upward momentum. Technically, Bitcoin has surpassed a key resistance level at $87,724, and indicators suggest the potential for continued upward movement with some short-term volatility.