Analysis: Bitcoin's Recent Pullback Weaker Than Previous Cycle, Optimists Bet on Year-End Surge to $150,000

Odaily According to an article titled "Bitcoin's Speculative Nature Fades, Volatility Stabilizes" published by Hong Kong media Ta Kung Pao, it points out: Bitcoin's surge in 2025 differs from previous years, with the core reason being the widespread rollout of ETFs. The recent price pullback is not significant compared to the past four or five years. Behind this change may be related to the influence of macroeconomic factors on the operational logic of traditional capital. Regarding predictions for Bitcoin's trend in 2026, there are two voices in the market. One believes Bitcoin may experience a substantial correction, even returning to lower price ranges, while another group of investors is optimistic about Bitcoin hitting $150,000 by year-end and expects it to reach $250,000 in 2027. Currently, Bitcoin's task of entering the traditional financial landscape is largely complete, but achieving a level of social recognition comparable to gold still requires 5 to 10 years.