Harsh truth: #Bitcoin still does not have enough factors to be considered a “safe haven asset”

Billionaire Ray Dalio, founder of the investment fund Bridgewater Associates, believes that $BTC still cannot serve as a “safe haven” like gold. According to him, whenever the market experiences strong volatility, most investors tend to sell #Bitcoin to increase liquidity rather than hold it for risk protection.
Dalio states that Bitcoin currently remains highly speculative as it often fluctuates along with the tech stock group. When the stock market drops sharply, #BTC also tends to face significant correction pressures.
Additionally, he believes that Bitcoin still faces many challenges such as management risks, the possibility of trading surveillance, and a market size still quite small compared to gold. Meanwhile, many central banks around the world continue to increase gold reserves to protect assets amid ongoing global economic volatility.
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