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Gold May Outperform Bitcoin | Bitcoin and Crypto News
Description
Veteran trader Peter Brandt is betting big on gold over bitcoin, predicting a potential reversal in their long-term performance trend — a move that bucks the crypto crowd’s bullish expectations. While both assets have recently dipped, bitcoin’s 20% plunge in June far outpaced gold’s 11.7% drop. Brandt’s analysis of the gold-to-bitcoin ratio reveals a slowing, possibly reversing momentum, with bitcoin’s outperformance fading since 2019-2020. He sees easing selling pressure on gold and believes the yellow metal could be poised for a comeback — signaling a major market shift after 15 years of bitcoin dominance.
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