According to PANews, Joe Burnett, the strategic director at Semler Scientific, recently shared insights on the X platform regarding the current market situation. Burnett highlighted that the market is at the end of what Ray Dalio describes as the long-term debt cycle. This phase is characterized by extreme valuations in stocks, real estate, and fixed-income products. The culmination of the long-term debt cycle typically results in the devaluation of fiat currencies. Historically, gold has been considered the most reliable hard currency, but Burnett suggests that Bitcoin now holds that position. He posits that Bitcoin has the potential to significantly disrupt all asset classes.

#BTC