A cold fact: Gold experienced a bear market lasting 20 years 🐻 from 1980 until 2001.
The 911 incident ✈️ in 2001 marked a turning point for the gold bull market, initiating years of rising prices 🚀.
In recent years, the continuous rise in gold prices has primarily been driven by geopolitical events such as the Russia-Ukraine conflict 💣. Therefore, gold is often seen as a safe-haven asset.
Another cold fact is: Gold and Bitcoin are mostly not in sync. The price movements of Bitcoin are more similar to those of the US stock market in most cases 👀.
I just discovered a statistic: This year, Bitcoin has been highly synchronized with M2 (the total money supply) 📈. If this synchronization trend continues, it is expected that Bitcoin could surpass 150,000 by the end of this year 🤓.
