🚨 Historic moment! Spot gold breaks $3057, setting a new historical high 💰
On March 27, 2024, the spot gold price surged past the previous high, reaching $3057.85 per ounce, breaking historical records! 📈
📊 The year-to-date increase has exceeded 16%. This is not just a reaction to funds seeking safe havens, but a direct reflection of global macroeconomic anxiety. War, inflation, de-dollarization, Bitcoin ETFs… all funds are looking for new anchor points.
🔍 My observations:
1️⃣ Gold has peaked, symbolizing market distrust in fiat policies.
Central banks are still printing money, and geopolitical tensions continue to rise, gold is once again seen as the "last bastion of protection."
2️⃣ However, there is a new variable this time: digital gold vs physical gold.
The narratives of Bitcoin and gold as safe havens are clashing head-on in this bull market.
3️⃣ Gold vs BTC, which one will you choose?
While spot gold sets a new high, BTC is also undergoing a correction. Will the next stop for funds return to the gold standard, or embrace a crypto standard? This narrative battle will become increasingly exciting.
📌 I will particularly focus on in the short term: – Will BTC take off again due to "funds shifting to safe havens"?
– Will the market seek a new safe haven with higher volatility after FOMO for gold?
– Will the trend of the dollar and U.S. bonds continue to weaken, creating new narrative space for Bitcoin?
🔥 Who do you think will break the next high?
Gold has surged past 3,000; will BTC hit 100K?
