The U.S. dollar has lost nearly all its purchasing power since the early 1970s, and veteran trader Peter Brandt believes Bitcoin is now the strongest hedge against that decline.
Brandt highlighted data showing the greenback’s value has plunged around 97% over the past five decades due to inflation and unchecked money supply growth. While gold has long been trusted as a store of value, he says Bitcoin’s fixed supply gives it a decisive advantage for the future.
The trader also sees Bitcoin approaching a key inflection point, predicting a potential market peak within six weeks based on historic cycle patterns.
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Meanwhile, Strategy’s Michael Saylor doubled down on Bitcoin’s corporate appeal, calling it “digital capital” capable of outperforming traditional assets like the S&P 500. His company recently filed for a $4.2 billion offering to expand its already sizable BTC reserves.
Supporters of this view argue that Bitcoin’s scarcity model — capped at 21 million coins — offers protection from the monetary expansion that weakens fiat currencies.
As governments continue to inject liquidity into their economies, many investors are turning to BTC as a long-term store of value, expecting demand to grow steadily over the next decade.
The information provided in this article is for informational purposes only and does not constitute financial, investment, or trading advice. Coindoo.com does not endorse or recommend any specific investment strategy or cryptocurrency. Always conduct your own research and consult with a licensed financial advisor before making any investment decisions.
Reporter at Coindoo
Source: https://coindoo.com/bitcoin-the-best-protection-against-a-failing-dollar-peter-brandt/