Fu Rao's article suggests that the Bitcoin surge in 2025 will differ from previous cycles, primarily due to the popularity of ETFs, which are leading to more stable volatility.
He noted that the recent price correction was not significant compared to the past 4-5 years and may be related to the impact of macroeconomic factors on traditional investment strategies. The market is currently Chia on expectations regarding Bitcoin's performance in 2026.
- ETFs are a factor that will make the 2025 Bitcoin bull cycle different from previous ones.
- Recent price adjustments have been smaller than in the past 4–5 years.
- Forecasts for 2026 are mixed; it will take 5–10 years for it to become as widely available as gold.
ETFs and Bitcoin volatility: what's changing?
Fu Rao argues that the widespread accessibility of ETFs is the core differentiating factor that will make Bitcoin's 2025 rally unlike previous years.
In an article published in Ta Kung Pao titled "Speculative Attributes Fading, Bitcoin Volatility Stabilizing," he emphasized how the involvement of ETFs alters the structure of money flows and how the market absorbs volatility.
He also pointed out that Bitcoin's recent price correction is insignificant compared to the fluctuations over the past 4–5 years. According to him, this change may be related to the increasing impact of macroeconomic factors on traditional investment strategies, thereby influencing Cryptoasset holding behavior.
Prospects for 2026–2027 and levels of social acceptance
Regarding the price of Bitcoin in 2026, the market is divided into two opposing viewpoints: one predicts a sharp correction; the other expects it to rise to new highs.
Pessimists believe Bitcoin could undergo a significant correction in 2026, possibly even returning to lower price levels. Conversely, optimists predict Bitcoin will reach $150,000 by the end of 2026 and aim for $250,000 in 2027.
Fu Rao believes that Bitcoin has largely completed its entry into the traditional financial system. However, to achieve the same level of social acceptance as gold, Bitcoin still needs another 5–10 years.
