Bitcoin hit an all-time high of $106,182 in January before dropping 25.8% over seven weeks. Despite this correction, it has still quadrupled in value over two years, far outpacing the S&P 500’s 49% gain.
Bearish View: Critics argue Bitcoin lacks intrinsic value, with Warren Buffett dismissing it entirely. Some believe the major catalysts—ETF approvals, the mining halving, and a crypto-friendly U.S. government—have already played out, limiting further gains in 2025. Additionally, concerns about quantum computing advances threatening Bitcoin’s security have rattled some investors.
Bullish View: Bitcoin is often compared to digital gold, offering a secure and decentralized ledger. The rise of Bitcoin ETFs, holding billions in BTC, is drawing institutional investors. While Trump’s crypto policies remain uncertain, a more hands-off regulatory approach could fuel further adoption.
Long-Term Outlook: Historical data suggests Bitcoin peaks roughly 18 months after each halving, meaning a price surge could come by late 2025. Despite volatility, Bitcoin is cementing its role as a store of value, potentially rivaling traditional savings accounts in the long run. The current dip may just be a temporary setback in an ongoing bull cycle.