According to analysts, there are two scenarios for Bitcoin's price, which has recently surged, to remain permanently above $80,000. CoinShares stated that Bitcoin has exhibited increasingly gold-like price behavior over the past two weeks, and renewed concerns about the US fiscal sustainability have supported the rise in BTC. According to the company, the US Treasury Department’s purchases of long-term government bonds and concerns about public debt have been instrumental in Bitcoin’s rise from lows of $60,000 to $80,100.