What will be the price of Bitcoin if gold reaches 5 thousand dollars?
The potential rise in the price of gold to 5000 dollars raises the stakes for Bitcoin, and historical trends hint at a rise to 155,000 dollars or higher if conditions align.
$BTC has historically outperformed gold, recently — by six times.
The increase in the price of gold to 5000 dollars could create conditions for significant growth in Bitcoin.
The weakening of the US dollar and the increase in global liquidity remain key driving forces for both assets.
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