Bitcoin has always carried a 'controversial nature' since its inception. As the elder brother of cryptocurrencies, its price behaves like a roller coaster—sometimes soaring due to news stimuli, allowing early birds to make a fortune; then it might plummet by several percentage points within days due to tightening regulatory policies, trapping a lot of latecomers who bought in at high prices.
Its fluctuations are never solely based on 'intrinsic value': a rate hike by the Federal Reserve may cause it to drop alongside dollar assets, while a major institution suddenly announcing increased holdings can drive the price up; even a rumor on social media can stir short-term turbulence. This makes it a double-edged sword—some people make big money through precise judgment, while others, due to blind following, end up getting stuck after buying at high levels.
For ordinary investors, rather than fixating on predictions of 'how high it can rise', it's better to first understand: Do you grasp its underlying logic? Can you withstand volatility that can swing by tens of percent? There are no guaranteed profitable trades in the market, especially with Bitcoin. Instead of being swept away by emotions, it's wiser to do more homework and understand the underlying principles of the ups and downs—after all, those who can stand firm in the storm are never relying on luck, but on clear judgment.