Today is December 25th. BTC price is 87,785 (Merry Christmas)

A lot has happened in 2025: global debt crises, internal social conflicts, escalating geopolitical tensions, intensified great power rivalries, and the Silicon-based technological revolution. Any outbreak of these issues could change the world order. If you had recognized these macro factors earlier, would you choose to invest in gold, stocks, or cryptocurrencies? Ask yourself.

If these factors further erupt next year, how will you choose? You should think carefully because it’s highly likely they will intensify. Let’s analyze:

First, stocks: The high risk of global debt requires debt reduction; the more currency depreciates, the less repayment pressure. Geopolitical conflicts demand military spending, especially in Europe. The US stock market’s market cap approaches 700 trillion USD. AI continues to burn money; more funds are needed for growth. The domestic economy faces deflation, aiming to become a financial powerhouse. The certainty is that stocks are optimistic.

Next, gold and other precious metals: Hard assets. The logic for rising prices includes currency devaluation, escalating geopolitical conflicts, and declining credit ratings of countries, increasing bond risks.

Let’s focus on BTC: Under the premise of a large-scale liquidity injection in 2026 (high probability), its advantages are scarcity, convenience, and potential returns; disadvantages include high volatility of risk assets, a short history requiring validation of value. Conditions for a sharp rise include: 1. Disassociating from tech stocks to restore value and hedge risks; 2. Large macro fund outflows; 3. Deep de-bubbling, with prices low enough; 4. Actual macroeconomic value empowerment. For BTC to become a safe-haven asset, its market cap must be large enough to be stable and to disassociate from risky assets. If not, it remains a disadvantaged asset in this century’s major upheaval. So where are the opportunities? In the mid-term of the big upheaval, when advantageous assets are already high, the market continues to flood with money, devaluing currencies, and BTC prices are low enough to attract speculative and lagging funds. Coupled with BTC’s advantageous properties and Trump’s empowerment, this could easily reverse the situation.

Conclusion: BTC is expected to reverse the trends of 2026 and 2027. In the mid-term market phase, when advantageous assets are at a fever pitch, it’s recommended to start dollar-cost averaging into BTC and ETH; asset allocation ratio: gold, stocks, BTC at 2, 3, 2.