Bitcoin and gold’s relative performance once again become the market focus. According to PANews reports, several heavyweight industry analysts have offered unusual perspectives on this phenomenon.
Glassnode chief analyst James Check pointed out on social media that Bitcoin can rise independently without relying on corrections in gold or silver to support its upward trend. This judgment breaks many people’s existing understanding of macro asset correlations.
Economist Lyn Alden’s analysis further supports this view. In her latest discussion on a YouTube podcast, she mentioned that Bitcoin’s appreciation against gold is quite rapid. The logic behind this is very interesting—over the past 12 months, Bitcoin has been relatively dormant, while gold has experienced a brilliant performance during a super cycle. Against this backdrop, the ratio of Bitcoin to gold remains strong, enough to demonstrate how strong Bitcoin’s independent upward momentum is.
This means that Bitcoin is no longer entirely following traditional asset cycles but is showing a more independent market logic.
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
Bitcoin surges strongly; it may not be necessary to wait for gold to adjust.
Bitcoin and gold’s relative performance once again become the market focus. According to PANews reports, several heavyweight industry analysts have offered unusual perspectives on this phenomenon.
Glassnode chief analyst James Check pointed out on social media that Bitcoin can rise independently without relying on corrections in gold or silver to support its upward trend. This judgment breaks many people’s existing understanding of macro asset correlations.
Economist Lyn Alden’s analysis further supports this view. In her latest discussion on a YouTube podcast, she mentioned that Bitcoin’s appreciation against gold is quite rapid. The logic behind this is very interesting—over the past 12 months, Bitcoin has been relatively dormant, while gold has experienced a brilliant performance during a super cycle. Against this backdrop, the ratio of Bitcoin to gold remains strong, enough to demonstrate how strong Bitcoin’s independent upward momentum is.
This means that Bitcoin is no longer entirely following traditional asset cycles but is showing a more independent market logic.