Bitcoin's price has seen a remarkable increase, soaring from approximately $9,123 five years ago to around $109,600 as of early July 2025, which translates to a compound annual growth rate exceeding 63%.

This surge in demand for Bitcoin is significantly supported by the rise of exchange-traded funds (ETFs), particularly the iShares Bitcoin Trust ETF, which has accumulated about $187 million in annual fees and attracted $2.2 billion in inflows during the week ending June 30, 2025.

Corporate interest in Bitcoin is also on the rise, with companies like Tesla incorporating it into their balance sheets and the emergence of new Bitcoin treasury firms dedicated to acquiring and holding the cryptocurrency.

Adding to the bullish sentiment, the total supply of Bitcoin is capped, and a halving event projected for March 2028 is expected to reduce the issuance of new coins to below 0.8%, thereby intensifying scarcity.

Even with a potential halving of Bitcoin's growth rate, achieving a tenfold increase by 2030 remains mathematically plausible due to the combination of increasing demand and limited supply.

However, despite this optimistic outlook, Bitcoin remains subject to significant volatility and risks, including liquidity challenges, regulatory changes, and fluctuations in market sentiment.

To navigate these risks, experts recommend a dollar-cost averaging strategy for investors, which allows for gradual investment over time, emphasizing the importance of patience and careful position sizing for long-term success.