In the past few months, Bitcoin $BTC has behaved more like a tech stock versus the "digital gold" it was designed to be. 🧠

While Gold has remained flat 🪙, volatility from Bitcoin has provided big gains and losses like any shares of companies such as Nvidia or Tesla. ⚡️

Here’s what this might mean:

BTC is being treated like a risk asset 📊

Investors are betting it is a growth asset 🌱

It is an asset reacting to interest rates and market direction, both up and down. 📉📈

While gold offers stability and tangibility, bitcoin provides advantages such as divisibility, portability, and transparency through its digital infrastructure 🌐.

Both bitcoin and gold are commonly viewed as means to diversify a portfolio 💰 and hedge against inflation resulting from fiat currency debasement. 💵

So, is Bitcoin a panic buy or high-risk asset? For now, it is behaving more like the NASDAQ than a vault of gold. 💻📉✨

(In picture: the ratio between gold and btc, which shows how many ounces of gold are required to buy a bitcoin)