{
  "id": 7052290,
  "title": "Bitcoin feiert ein Comeback – oder handelt es sich bloss um ein Strohfeuer?",
  "url": "https://urgent.news/2026/09/13/bitcoin-feiert-ein-comeback-oder-handelt-es-sich-bloss-um-ein",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-09-13T03:30:00.000Z",
  "source": {
    "name": "NZZ Wirtschaft",
    "slug": "nzz-wirtschaft",
    "url": "https://www.nzz.ch/wirtschaft/bitcoin-feiert-ein-comeback-oder-handelt-es-sich-bloss-um-ein-strohfeuer-ld.10023393"
  },
  "original_language": "de",
  "account": "Bitcoin has recently shown a significant comeback, leaving some to wonder if it's a mere illusion. The cryptocurrency's price surged rapidly after U.S. Treasury Secretary Scott Bessent announced intervention in the U.S. bond market. This move was interpreted by many investors as an admission that the U.S. is losing control over its national debt and will print even more money. Consequently, Bitcoin's fixed supply of 21 million units, which is even scarcer than gold, likely contributed to the price increase. However, many in the industry were caught off guard as they expected this trend a few months later. In the cryptocurrency market, private investors typically set the tone, and they often rely on chart analysis to determine price patterns, including Bitcoin's. Interestingly, the previous four-year cycle of Bitcoin's price decline aligns exactly with the current month, further confirming this pattern. If Bitcoin continues to follow this historical trajectory, the bottom of the market is expected to be reached in the last quarter. This phase of capitulation is often characterized by a sharp price drop, followed by a more sustainable upward movement. This has left many Bitcoin investors puzzled. While Scott Bessent's statements may seem to signal the end of the bear market, others, like Benjamin Cowen, remain skeptical and advise caution. Cowen predicts that the bottom of the market still lies ahead and cautions against complacency. In contrast, Michael Nadeau, a financial analyst and founder of The DeFi Report, is more optimistic, estimating a 65 to 70 percent chance that the bottom has already been reached. Many analysts are cautious about making definitive predictions about the market. Bitcoin Suisse, the oldest Swiss crypto service provider, is still waiting for clear market signals to confirm the end of the bear market. Despite the uncertainty, some experts suggest accepting a 50% decline in Bitcoin's price as the bottom, as this would already represent a significant milestone. While Bitcoin's price volatility has decreased compared to past years, its upside potential remains limited, with experts projecting only a 20 to 30 percent annual increase. Bitcoin Suisse also aims to attract investors by highlighting other qualities of the cryptocurrency, such as its potential for portfolio diversification, with a minimal correlation (0.04) to traditional assets. Many experts recommend buying Bitcoin regularly throughout the year to gradually build up a position, as it's impossible to precisely pinpoint the exact bottom. As for predicting Bitcoin's long-term price, some industry pioneers, like Arthur Hayes, have made bold claims. Hayes predicts Bitcoin could reach $1 million by 2030, but he expects Ether, the currency of the Ethereum blockchain, to experience a more explosive development. Ethereum, known for its established reputation and reliability, is particularly appealing to traditional finance institutions. Interestingly, parallels can be drawn between Bitcoin and religious movements, with the mysterious creator remaining anonymous.",
  "summary": "Der Kurs der wichtigsten Kryptowährung ist innert kurzer Zeit stark gestiegen. Es gibt zwei sehr unterschiedliche Szenarien, wie es jetzt weitergehen könnte.",
  "key_points": [
    "Bitcoin price surged after Treasury Secretary Scott Bessent's intervention in U.S. bond market",
    "Analysts predict market bottom in last quarter, with 65-70% chance bottom reached already",
    "Bitcoin Suisse waits for clear signals to confirm end of bear market"
  ],
  "editors_take": "Bitcoin's sudden price surge has investors debating whether it's a genuine turnaround or a short-lived anomaly, with experts divided on whether the market has hit bottom or still has further to fall.",
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}