No one knows for sure. Bitcoin's price has dropped more than 70% several times and recovered each time so far. Critics see a speculative bubble; supporters see a new kind of money that's still being priced.
Go deeperA bubble is when a price climbs far past what something is worth, then collapses. Critics say Bitcoin produces nothing and its value rests only on belief. Supporters say all money rests on shared belief, and that Bitcoin's fixed supply, growing use, and more than 15-year track record set it apart from past manias. Past recoveries don't guarantee future ones, so only put in what you could stand to see drop by half or more, and never borrow to buy.
Learn moreBitcoin.org FAQ: Is Bitcoin a bubble? ↗
Last checked Oct 7, 2026