Bitcoin is volatile, but that doesn’t change where it’s headed

Looking forward, several structural trends continue to support the asset. The global economy is entering a phase of heavy investment in energy infrastructure and data centers, driven largely by the rapid expansion of artificial intelligence. At the same time, government debt levels worldwide continue to climb, while institutional investors are gaining exposure to Bitcoin through instruments such as exchange traded funds. Together, these forces tend to increase liquidity while gradually weakening the purchasing power of traditional fiat currencies.