Gold vs. Bitcoin: Historical Rotation Suggests Capital Could Shift to Crypto
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- Bitcoin nears bottom as targets hit; Tom Lee calls current levels a strong buying opportunity.
- Analysts Bull Theory sees a 2020-style setup as gold leads, hinting at future Bitcoin rotation.
- Bitcoin outlook hinges on ETF outflows and whether capital shifts from safe havens to risk assets.
Bitcoin is trading around $75,000 at press time, paring weekly losses to over 14%. Analysts assess macroeconomic trends and shifting capital flows, as Gold also dropped from the previous week’s all-time high.
After declining from recent highs near $88,000, Bitcoin has tested the $75,000 level as a key support zone amid increased volatility across global markets, including commodities, equities, and digital assets.
Tom Lee: Bitcoin Bottom Is Here, “Fantastic Buying Opportunity”
On Monday, Fundstrat’s Tom Lee told CNBC that Bitcoin may be near a bottom, with strengtheni…
Read The Full Article Gold vs. Bitcoin: Historical Rotation Suggests Capital Could Shift to Crypto On Coin Edition.
In This News
Coins
$ 75.57K
-3.44%Share:
In This News
Coins
$ 75.57K
-3.44%Share:
Read More
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Gold vs. Bitcoin: Historical Rotation Suggests Capital Could Shift to Crypto
Share:
- Bitcoin nears bottom as targets hit; Tom Lee calls current levels a strong buying opportunity.
- Analysts Bull Theory sees a 2020-style setup as gold leads, hinting at future Bitcoin rotation.
- Bitcoin outlook hinges on ETF outflows and whether capital shifts from safe havens to risk assets.
Bitcoin is trading around $75,000 at press time, paring weekly losses to over 14%. Analysts assess macroeconomic trends and shifting capital flows, as Gold also dropped from the previous week’s all-time high.
After declining from recent highs near $88,000, Bitcoin has tested the $75,000 level as a key support zone amid increased volatility across global markets, including commodities, equities, and digital assets.
Tom Lee: Bitcoin Bottom Is Here, “Fantastic Buying Opportunity”
On Monday, Fundstrat’s Tom Lee told CNBC that Bitcoin may be near a bottom, with strengtheni…
Read The Full Article Gold vs. Bitcoin: Historical Rotation Suggests Capital Could Shift to Crypto On Coin Edition.
In This News
Coins
$ 75.57K
-3.44%Share:
In This News
Coins
$ 75.57K
-3.44%Share:
Read More
Bitcoin Bounces From $72.8K, but On-Chain Data Warns of More Downside