Analysis: Bitcoin's recent pullback has been weaker than the previous cycle, with optimists betting on a year-end surge to $150,000.

[Analysis: Bitcoin's Recent Correction Weaker Than Previous Cycle; Optimists Bet on a $150,000 Surge by Year-End] Mars Finance reports that Hong Kong's Ta Kung Pao published an article titled "Speculative Attributes Fading, Bitcoin Volatility," which points out that Bitcoin's surge in 2025 differs from previous years, primarily due to the widespread availability of ETFs. The recent price correction is not significant compared to the past four or five years, a change that may be related to the impact of the macroeconomy on traditional investment strategies. Regarding Bitcoin's price movement in 2026, there are two opposing views: one believes Bitcoin may experience a significant correction, even returning to a lower price range; the other group of investors is optimistic that Bitcoin will reach $150,000 by the end of the year and anticipates reaching $250,000 in 2027. Currently, Bitcoin has largely completed its entry into the traditional financial sphere, but it will still take 5 to 10 years to achieve the same level of social acceptance as gold.