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Well, let's talk today about details that could signal the end of Bitcoin's bear market, Bitcoin's new recovery towards all-time highs. Well, I say this because Ray Dalio, one of the most famous and extremely successful investors in the United States, is once again recommending Bitcoin and gold for portfolios because he fears a crisis in the dollar.
And my friend, if there is a crisis in the dollar, it affects everyone and everyone will rush towards something that preserves value or something that is minimally scarce. And what is scarce in the world today in terms of economic assets? So, Bitcoin and gold, right? Bitcoin even more so, huh? We don't yet know how much gold can be mined .
We know exactly about Bitcoin. This is what we're going to talk about here now, just to get an idea of this issue that's happening right now, which may be the rise of Bitcoin. again in light of these details . Well, my name is James Silver, on this channel we talk about Bitcoin, technology and economics.
If you're new here, I invite you to subscribe, like, and share this video so more people can be here discussing, interacting, and understanding these topics a little better . Well, here I always bring current news so we can talk about the topic, break it down and so on. And now this week, today Ray Dalio basically released a post, some things about his recommendations.
He, this guy who is a very famous, extremely successful American investor here , look, Ray Dalio, legendary investor, notes that the growth of US debt is not sustainable and assets like gold and Bitcoin can serve as protection. Wow, this is very, very serious and at the same time very predictable, isn't it?
The United States coming in, injecting money into wars, into so many things, the debt growing more and more, the fight with the Chinese market, all this dispute and so on. What happens in the end? What exactly is this news here, this idea from Ray Dalio, is that the US government itself will put more money into the market, press a button and throw more dollars into the market.
What could this lead to? more inflation. When money is thrown into the market, whoever takes that money first, which is basically part of the Cantillon effect, whoever gets that money first, are usually the smartest, most astute people in the market, they are the big fish. They like to invest it in assets that preserve value.
This could then attract capital to Bitcoin. If more people are buying Bitcoin, more people are interested, naturally the price goes up , mainly because it's something predictable, right? The number that will exist is scarce; there are already 20 million bitcoins mined, right? But there will only be 21 million; less than 1 million Bitcoins remain to be mined .
Therefore, this asset becomes increasingly scarce. So, that's basically Ray Dalio's thesis, that he believes in some kind of cycle. He believes in this article where he explains a little about the cycle he believes in, which is that of the countries that break the great cycle. He even mentions in one of his books that the dollar could enter into crisis, that it could be very close to entering into crisis.
He published this news just this week, but looking at the US scenario, what has come out in the US, what has come out even at the Fed, right? Hey, look here, the US Treasury doubles bond buybacks after reaching peak rates. The US Treasury unexpectedly announced that it is expanding its buybacks of long-term government bonds amid rising yields on these securities to their highest levels in years.
After two weeks, barely two weeks after releasing its planned repurchase schedule for the quarter, so you see, they had already planned it, they had already scheduled the quarter, but unexpectedly this week the Treasury Department reported this Thursday that it is increasing purchases of long-term government bonds by at least twofold ; In other words, it's the United States injecting liquidity into the market to try to contain the yield curve, but what else might it generate ?
More inflation. These are all small but important details that can, well, they're here, look, Treasury Secretary Scott Bessent launched the buyback program last year, look, he just launched the buyback program last year, you see? Just as a precaution, to reassure everyone there, no, we have a plan for anything that might go wrong.
So, look, Scott Bessent launched the buyback program last year as part of what he called a big toolbox that the government could use, if necessary, to deal with dysfunctions in the Treasury bond market. But he only launched the program, he didn't start the matter, he just put out the toolbox and said, "If necessary, we'll use some tools." So, he planned the term, right?
The quarter was being planned with a level of buying, of rebuying. Suddenly, this week she announced another one. It coincided exactly with Bitcoin's movements, right? It all worked out that way, didn't it? Everything, one thing leads to another. The White House also announced some things about some regulations on crimes in the United States.
That makes the institutional sector very happy, because it's another asset, because they can speculate and enter the US SEC, the regulatory body, with greater security, right? So that's more money coming into this universe , right? So it's basically this here, look. Signs that the world, signs that fiat money, right?, may once again come under rampant pressure, right?
If the dollar experiences an atypical movement globally and begins to experience a crisis, something like that, everyone will be affected and everyone will want to find ways to further preserve its value, right? To further preserve purchasing power, institutions, investment funds, even countries, right?
There are many countries that also buy US debt, US Treasury. So that turbulence can cause money to migrate, mainly to assets that preserve value, in this case, Bitcoin and gold. It's not even what I'm saying, it's simply Ray saying: "15% in gold or Bitcoin would be good for the portfolio." 15%, Ray Dalio had previously said something like 1% of his portfolio was Bitcoin, 1%, and now he's talking about 15%.
Look how much it's gone up , how much these people have started to accept Bitcoin in a certain way, right? Uh, why exactly? due to its predictability. All good? Bitcoin has its up and down cycles, right? And up and down. And it has already proven that it comes back and reaches all-time highs again, mainly due to the movements of the states, right?
The movement of printing fiat currency ends up generating inflation, fiscal insecurity, all that stuff. If this movement is happening, really triggered by the dollar, this is going to happen in other countries too. And surely many people will look at Bitcoin differently and help it return to its all-time highs, right?
That's why I'm talking about this topic here. This could be the end of the bear market, according to the Bitcoin cycle. Could this end of the bear market be in October? There are still a few days until October, two and a half months, something like that, but it could be a rebound. It may fall all the way down again and rise again in October, something like that, given the moves the government is going to make.
But we already have signs of Bitcoin's growth towards reaching all- time highs. Well, that's all. My name is James Silva, subscribe to this channel. Leave a comment below if you've made it this far regarding these topics, whether you 're buying, selling, betting high, or if you've already bought enough after the drop and are now calm, just waiting for Bitcoin to rise. Well, that's all. See you in the next videos here.
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