Jordi Visser, an experienced macro investor with over 30 years of experience and author of VisserLabs Substack, made groundbreaking statements about developments in the artificial intelligence (AI) sector, the Fed’s monetary policies, and the future of the cryptocurrency market in his latest broadcast.
Visser argued that investors were greatly mistaken about Bitcoin, stating, “Everyone gave up on Bitcoin at exactly the wrong time.”
Visser stated that the recent stagnation and downward trend in the cryptocurrency markets has led to a significant loss of confidence among investors, summarizing the current market situation as follows:
“If you asked 100 people who have never invested in Bitcoin, all 100 would say ‘I’m not interested.’ Of those who are in the market, at least 60% to 70% are questioning their investment. ‘Losing hope’ is an understatement to describe the situation. However, on the technical side, we are finally starting to see positive divergences.”
Visser argued that while Bitcoin’s price has fallen below its February lows, it has managed to hold there. However, he emphasized that investors should not rush to judgment, advocating for caution until the price breaks above the 200-day moving average (currently above $70,000). He predicted that a new era in cryptocurrency and artificial intelligence would begin after this breakout.
The experienced investor, describing the current state of technology and AI stocks as a “mid-cycle slowdown,” noted that the aggressive upward trend in infrastructure and chip manufacturers (Micron, Nvidia, etc.) has now entered a more volatile consolidation phase.
Visser stated that the “easy profit” period achieved during the first wave of AI is over, and that holding technology stocks in portfolios for the long term will become difficult for institutional investors due to high volatility. He argued that this situation could turn into a major advantage for Bitcoin, whose volatility is relatively lower compared to technology indices, and that capital could shift back to crypto assets.
On the macroeconomic front, Jordi Visser, who also evaluated the Fed’s policies, believes that the market has overreacted to the hawkish statements of Fed officials. Stating that there has been a tremendous increase in productivity with the integration of artificial intelligence agents into the business world, Visser claims that traditional macro analysts have underestimated the deflationary effect of AI.
According to Visser, the cost reductions and efficiencies provided by artificial intelligence will bring down inflation, especially in established sectors such as insurance and healthcare. This will allow the Fed to keep interest rates stable or lower them for longer than market expectations.
