Bitcoin Set to Follow Gold’s Bullish Run
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Analysts see gold’s record highs as a signal for Bitcoin. Apollo Capital’s Henrik Andersson said, “From here, we believe Bitcoin will be the better-performing asset of the two.”
Bitcoin has historically lagged gold by several weeks, but with gold at all-time highs, digital assets could see a surge before the end of the year. Arctic Digital’s Justin d’Anethan noted that while gold is deeply rooted in traditional finance, Bitcoin offers round-the-clock availability, scarcity, and forward-looking appeal, making it poised for larger gains.
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The correlation is growing stronger each cycle. Macro traders love this.