Analysts Say Bitcoin Doesn’t Need Gold to Cool Off

[AIcash]

Bitcoin doesn’t need a pullback in gold or silver to resume its upward trend, according to several market analysts.

Glassnode lead analyst James Check called it a “surprisingly unpopular opinion,” arguing that investors who believe Bitcoin must wait for precious metals to cool off “don’t understand any of these assets.”

Macro strategist Lyn Alden echoed the view, saying Bitcoin and gold are often framed as competitors, but she doesn’t see it that way. Both assets, she argued, have independent long-term narratives that don’t require one to weaken for the other to rise.