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Analysis: Bitcoin Can Continue to Rise Without Waiting for Gold and Silver Pullback
Summary: According to Cointelegraph, analysts believe that Bitcoin can continue to rise without waiting for a pullback in gold and silver. Glassnode's Chief Analyst James Check stated on X platform, 'This may be an unexpected 'underdog' viewpoint.' Bitcoin holders with opposing views 'simply do not understand these assets.' Macro economist Lyn Alden expressed a similar opinion ...
According to Cointelegraph, analysts believe that Bitcoin can continue to rise without waiting for a pullback in gold and silver. Glassnode's Chief Analyst James Check stated on X platform, 'This may be an unexpected 'underdog' viewpoint.' Bitcoin holders with opposing views 'simply do not understand these assets.' Macro economist Lyn Alden expressed a similar opinion in a YouTube podcast released on Saturday. She stated that despite many describing it as a competitive relationship, she does not agree with that view. Alden pointed out that the recent strong performance of the Bitcoin to gold ratio is due to Bitcoin being in a 'stagnant period' over the past year, while gold has had its 'most brilliant year.'
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Link: Analysis: Bitcoin Can Continue to Rise Without Waiting for Gold and Silver Pullback [Copy]