As far as I know,the future of bitcoin is likely to be increasingly regulated as governments and financial institutions take more interest in digital currencies while bitcoin started out as a decentralized and  growing concerns over security, fraud, and money laundering are pushing regulators to create frameworks for its use. This could lead to clearer rules for exchanges and even how businesses and individuals handle bitcoin. Nevertheless too much regulation might stifle its innovation or impact its decentralized nature otherwise it will be a delicate balance between oversight and freedom.