What will the price of Bitcoin be if gold reaches USD 5,000?
The potential rise of gold towards USD 5,000 raises the stakes for Bitcoin, with historical trends pointing to a rise up to USD 155,000 or more if conditions align.
Bitcoin has historically outperformed gold, most recently by a factor of six.
The rise of gold towards USD 5,000 could set the stage for significant gains for Bitcoin.
The weakening of the US dollar and the increase in global liquidity remain key factors for both assets.
The march of gold towards USD 5,000 per ounce and beyond has become an important topic among bullish hard asset advocates, including the head of Yardeni Research, Ed Yardeni, and billionaire investor John Paulson.
But, what could happen to the price of Bitcoin
BTC
85,746 €
marketed as “digital gold” by many, if the precious metal rises even further?
The price of BTC soared 6 times the last time gold surged.
