--

[Analyst Says Bitcoin Can Continue Upward Without Waiting for Precious Metals to Pull Back] On December 28, analysts stated that Bitcoin does not need to wait for gold and silver to pull back in order to continue its upward trend. Glassnode Chief Analyst James Check believes this view is unpopular and pointed out that those who think Bitcoin needs to wait for precious metals to pull back do not truly understand these assets. Macroeconomist Lyn Alden also stated that Bitcoin and gold are not in a competitive relationship, and Bitcoin's recent strong performance is due to its stagnation last year, while gold performed brilliantly. Several industry executives predict that Bitcoin's downward trend may reverse in 2026. Bitwise Chief Investment Officer Matt Hougan said Bitcoin will rise next year, and Jan3 founder Samson Mow predicted that Bitcoin may enter a decade-long bull market.

Loading...