Core Viewpoint - The surge in Bitcoin prices can be attributed to four main factors: the expansion of its belief community, gaps in the traditional financial world, speculation, and the abundance of money in the market. Group 1: Expansion of Belief Community - The belief in Bitcoin as a digital utopia has grown from a small group to a larger community, leading to increased demand for the fixed supply of 21 million Bitcoins, similar to limited collectibles like art and rare items [1]. Group 2: Gaps in Traditional Financial World - Bitcoin's rise reflects the needs of individuals seeking alternatives outside the regulated financial system, as evidenced by its use in various contexts, including crime dramas where it replaced traditional forms of currency [5]. Group 3: Speculation - Speculation remains a constant theme in Bitcoin's history, with the allure of quick wealth driving irrational behavior, reminiscent of past financial bubbles where the consequences were often ignored until it was too late [5]. Group 4: Abundance of Money - The overall rise in asset prices, including Bitcoin, is linked to monetary expansion, with central banks, led by the Federal Reserve, increasing liquidity, making speculation in assets more appealing [6].