ChainThink message, according to CoinDesk, at the beginning of May, Mark Connors, Chief Investment Officer at Risk Dimensions and former Global Portfolio Management Head at Credit Suisse, stated that the 142-day period during which Bitcoin underperformed the S&P 500 has ended—the longest such period in history—and Bitcoin is now entering a new phase of outperforming both equities and bonds.

Connors believes that persistent inflationary pressures, structurally high oil prices, and a "long-term high-interest-rate" environment are exerting downward pressure on the bond market, positioning Bitcoin to outperform both equities and fixed-income assets simultaneously.

He emphasized that the only viable solution to inflationary pressures lies in technological breakthroughs, with AI and blockchain increasingly becoming critical infrastructure for enterprises building decentralized systems and enabling automated trading.

Connors likened the current environment to 2020, when gold led at the onset of the pandemic before Bitcoin staged a strong recovery, remarking, "Gold has completed its cycle; Bitcoin’s recovery is upon us."