Bitcoin – Opportunity or Speculative Bubble?
Bitcoin is in an unprecedented boom phase as it becomes increasingly integrated into the traditional financial system. According to a survey by Fintech Finder (UK) with 24 industry experts, the price of Bitcoin is predicted to reach $162,353 this year before stabilizing around $145,167. However, for an investor, the important question is not only 'How much will Bitcoin rise' but also 'What are the true drivers behind the price increase, and where are the risks?'.
Przemysław Kral, CEO of Zondacrypto, notes that factors such as a favorable legal framework (especially the EU's MiCA), expanding application capabilities, and capital flow from institutions through ETFs are the pillars supporting the price. Bitcoin ETFs in the US – launched last year – have changed the game, making it easier for institutional investors to participate without directly holding this asset.
Nevertheless, the speculative factor cannot be overlooked. Ravi Sarathy, a professor at Northeastern University, points out that 'whales' like MicroStrategy – currently holding Bitcoin worth about $65 billion – are helping to maintain high price levels. Current market forecasts range from an optimistic scenario of $250,000 to a cautious scenario of only $70,000. With Bitcoin rising from below $100,000 at the end of last year to $120,000, strong volatility is still something investors need to prepare for.
In the US, political factors are also driving the increase. The Donald Trump administration has committed to making the US the 'cryptocurrency capital,' along with the Genius Act on stablecoins creating a fresh breeze for the market. For some experts like John Hawkins (Canberra University), this is just 'a speculative bubble.' But for institutional investors, this is a golden opportunity, especially as the flow of money from businesses and even the US government is believed to be quietly flowing into Bitcoin.
About 61% of surveyed experts believe that now is still a good time to buy. However, according to Kral, caution is essential: 'When expectations are high, a smart capital allocation strategy becomes even more important.' Meanwhile, Kadan Stadelmann (Komodo) predicts Bitcoin could continue to rise in the next 6 months, peaking in Q1 2026 before entering a correction cycle.
From an investment perspective, Bitcoin is both a great opportunity and carries hidden risks. The rational strategy now is not to 'go all in,' but to conduct thorough research, catch the right momentum, and be prepared for both scenarios: continued growth or entering a bear market. This is a game of long-term vision, not for those who lack discipline.
