Bitcoin's future remains controversial, but in the long term, its position as a store of value for "digital gold" is gradually gaining mainstream recognition. As global central banks continue to release water and geopolitical turmoil intensifies, Bitcoin's scarcity (21 million cap) and censorship-resistant nature make it an important allocation option for institutions and hedges against inflation. Bitcoin ETFs make it easier for traditional capital to access the crypto market, and the contraction in supply after the 2024 halving could push prices even higher.

However, Bitcoin also faces challenges: the uncertainty of regulatory policies in various countries, energy consumption disputes, and the substitution of payment functions by Layer 2 and new public chains may affect its development path. In the short term, the market will remain highly volatile due to macroeconomic (e.g., the Federal Reserve's interest rate policy) and speculative sentiment. But long-term holders (HODLers) believe that as adoption increases, Bitcoin could eventually become a key component of the global financial system – whether as a safe-haven asset, a cross-border payment tool, or a value base layer for the next generation of the internet.