Bitcoin is not a safe-haven digital gold; it is a 3x leveraged futures of the global liquidity index.
Global liquidity (41%) and risk preference (22%) together determine 63% of Bitcoin's trend. The current strength of gold stems from physical demand and a defensive mindset, while Bitcoin's explosion must wait for the overflow of excessive liquidity in the dollar financial system.
Short-term divergence is a cyclical iron law; long-term trends will eventually converge.
Take profits on gold in batches, build positions in BTC, time will tell us the answer!
Global liquidity (41%) and risk preference (22%) together determine 63% of Bitcoin's trend. The current strength of gold stems from physical demand and a defensive mindset, while Bitcoin's explosion must wait for the overflow of excessive liquidity in the dollar financial system.
Short-term divergence is a cyclical iron law; long-term trends will eventually converge.
Take profits on gold in batches, build positions in BTC, time will tell us the answer!