Bitcoin price risks ‘critical’ gold breakdown after 20% annual gains
Gold ignores US dollar strength to beat S&P 500 year-to-date returns as Bitcoin price analysis flags new risks.
Bitcoin (BTC) copying gold’s all-time highs is a “matter of time” as the precious metal outperforms BTC and the US dollar.
In an X thread on Jan. 28, trading resource The Kobeissi Letter said that gold performance in 2025 is “telling us something.”
Bitcoin may currently be trading in limbo amid a lack of directional catalysts, but one macro asset far from rangebound is gold.
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Author: William Suberg