The future of Bitcoin is an exciting topic and depends on several changing factors, the most important of which are:

1. Institutional and regulatory adoption

2. Technology and developments

Developments in blockchain technologies and solutions that reduce transaction fees such as the Lightning Network may make Bitcoin more practical for everyday use.

Network security and future updates (such as Taproot) enhance its reliability.

3. Global acceptance

Increased global acceptance (as seen in El Salvador) enhances the possibility of using Bitcoin as a currency and not just as an investment asset.

4. Global economic factors

Inflation, economic crises, and demand for alternative assets play a significant role in stimulating interest in Bitcoin as a "store of value".

5. Volatility and the market

The market remains highly volatile. Investing in it carries significant risks, but it may yield high returns in the long run.

Future expectations:

Short-term (1–2 years): High volatility associated with economic and political events.

Medium-term (3–5 years): It may witness broader adoption and price increases, especially with increasing awareness and clear regulation.

Long-term (5+ years): If it continues as "digital gold," it may be used as a store of value and a key component in the future financial system.