US EditionBitcoin Could Catch Up to Gold's Rally Due to These Key Differences
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5 Articles
Bitcoin Could Hit $1.1 Million To $1.5M, Former PayPal President Says
David Marcus, a well-known voice from the payments world, has restated a familiar yet bold idea: Bitcoin could beat gold as a store of value. He points to Bitcoin’s mix of scarcity and a simple recovery tool — the 12-word seed phrase — as reasons people can hold and move big sums without banks. Based on reports, the former PayPal president also tied Bitcoin’s upside to gold’s market size, saying a match could push BTC into the low millions per c…
Bitcoin could 6x following Gold’s RSI, according to macro expert
Gold’s momentum is reaching unprecedented levels, raising questions about what could come next not only for the precious metal but the crypto market as well, specifically Bitcoin (BTC). Namely, the gold price has now pushed its Relative Strength Index (RSI) above 91, a level that has been recorded only once before in history, December 1979, just before a prolonged consolidation phase. Something similar also took place in August 2020, when gold …
Gold doesn't stop anymore. Its capitalization continues to explode this week, against the backdrop of geopolitical uncertainty. In yesterday's day, its capitalization has increased by almost $1,700 billion, a defiant sum that is approaching the total capitalization of Bitcoin (BTC). Article In one session, gold has added the equivalent of Bitcoin capitalization (BTC) has appeared first on Cryptoast.
Bitcoin 10x Surge Would Still Trail Gold as Analysts Clash Over Its Long-Term Role
A numerical comparison between Bitcoin and gold highlights the large gap that still separates the two assets by market size. Specifically, based solely on current prices and fixed supply figures, the exercise shows that even a sharp increase in Bitcoin’s value would not place it on par with gold.Visit Website
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