Bitcoin (BTC) is undergoing a significant shift in its status. As the Federal Reserve continues to expand the money supply, Bitcoin is steadily accumulating public confidence. Recent policy adjustments by the U.S. government have provided more legitimacy to Bitcoin, reflecting not only a victory for public consensus but also marking a compromise by the traditional financial system towards emerging digital assets.

Bitcoin was once seen as a counterpart to the US dollar, but it has gradually become a potential complement or even an alternative. This shift is significant, highlighting the increasingly important role of digital currencies in the global financial landscape.

Market analysts are optimistic about the future of Bitcoin. Predictions suggest that by the end of this year, the price of Bitcoin could reach around $170,000. This expectation is based on current market trends and the increasing involvement of institutions.

However, investors should keep in mind that the cryptocurrency market has always been highly volatile. Despite the promising outlook, participants need to carefully assess risks and conduct thorough research and preparation. The future development of Bitcoin will continue to be influenced by various factors such as global economic policies, technological advancements, and regulatory environments.

As digital assets gradually integrate into the mainstream financial system, we are witnessing the dawn of a new financial era. Whether they are individual investors or financial institutions, close attention must be paid to developments in this field to seize potential opportunities.