Recently, the price of Bitcoin has fluctuated dramatically, and the future trend is full of uncertainty. On the positive side, Trump's statement to include Bitcoin in the cryptocurrency strategic reserves provides expectations for long-term institutional support, and institutional funds continue to flow in, such as the capital flow of ETFs, which may support the price. However, there are also many negative factors, such as the risk of global economic stagflation and trade tensions, which put short-term pressure on Bitcoin's price. Institutional sell-offs and changes in regulatory policies also increase the downside risk. In the short term, Bitcoin may still experience significant fluctuations amid the tug-of-war between policy and economic realities.