The market has managed to get passed $8000 and is now at $9000. This is another level now and we are hoping that it maintains that $9000. Though in just few days of getting to $9.3k the market price dropped to $9.1k ($9187) and we don't know what's going to be next. All these price increase have had nothing to do with institutions, cause none of them have invested yet to push the price up, it was just the work of crypto enthusiasts who are rushing in so they wouldn't miss out from the train. But some reports recently has been claiming that institutions are starting to have more interest in Bitcoin and after the launch of Bakkt there is going to be an increase in the volume of trading.