• 29 April 2025
• |
• 08:30

Bitcoin (BTC) may soon leave gold in the dust, according to a popular crypto strategist.

In a recent video update, the analyst behind InvestAnswers shared that Bitcoin could start outperforming gold in the coming months.

The analyst pointed to gold’s recent parabolic climb toward $3,500, arguing that the precious metal now looks heavily overbought and primed for a pullback.

Meanwhile, Bitcoin, despite achieving a new all-time high before the halving — something unprecedented in its history — still shows little correlation with gold’s price movements.

Historically, Bitcoin’s link with gold has been inconsistent, sometimes moving in sync but often not, unlike Bitcoin’s tighter relationship with risk assets like the Nasdaq.

Looking ahead, the InvestAnswers host expects Bitcoin to strengthen against gold as macroeconomic conditions evolve. He believes gold will revert to more typical levels after its rally, while Bitcoin will continue its upward trend, gaining ground relative to the traditional safe-haven asset.

In short, the analyst concluded that Bitcoin is currently lagging but positioned to outperform gold over the next six months as market dynamics shift.

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