The price of gold surpassed every previous record to reach $2,940 per ounce yet Bitcoin falls behind the $100,000 mark. The debate between Bitcoin and Gold has been analyzed by veteran trader Peter Brandt and various market experts while capital is distributed between the two assets.
Gold Surges While Bitcoin Faces Resistance
Over the last year, the Gold market experienced enhanced popularity as its value increased by 44% over recent years. The status of gold as a safe-heaven wealth asset demonstrates stability because it experienced a near 10% increase during the first months of 2025.
Bitcoin shows resistance at the $100,000 point while people question whether its investment performance matches gold’s performance. Economist Peter Schiff who serves as an active Bitcoin critic observed the decreased market capitalization of Bitcoin in comparison to gold starting from 2021. The economist revealed that although Bitcoin prices increased its market capital value against gold has dropped during the last four years.
Peter Brandt Acknowledges Bitcoin Outflows
Peter Brandt who is a seasoned market trader has reported major Bitcoin withdrawals occur when Bitcoin stays at this price. According to his view, the exit of substantial monetary funds from Bitcoin operations is occurring strongly at this market value.
The recent Bitcoin price levels caused extended investors who achieved substantial returns in the past decade to withdraw their capital. According to Brandt such investment shifts are regular parts of market cycles that cause investors to switch their funds between different assets based on economic circumstances.
Analysts Debate Bitcoin’s Next Move
Experts in the crypto market sector disagree about how fast Bitcoin will recover from its losses and how stable it is at this moment. Bitcoin will create new all-time high values according to trader Michael van de Poppe within the forthcoming period.
Source; Michael van de Poppe
During the following couple of weeks or three weeks, Bitcoin will exceed its highest-ever recorded value according to him. As per Capriole Fund founder Charles Edwards Bitcoin has summer 2024 patterns that signal prolonged stabilizing phases before significant price fluctuations.
Bitcoin has experienced major price nosedives when followed the upward trajectory of gold during its first few months. Edwards observed that investors choose gold because of worldwide economic factors alongside inflation uncertainties and increasing customs duties. According to him, market developments may lead investors to transition from gold to Bitcoin.
Bitcoin’s Market Activity and Future Outlook
The current Bitcoin market value remains at $97,650 as daily trading activity declines by 12% to settle at $33.3 billion. The Bitcoin futures open interest component at Coinglass reached 60 billion dollars with a 1.62% increase whereas the 24-hour liquidations totaled 19.4 million dollars.
The market closely monitors BTC price movements since it stays confined within a small trading range. The market waits for analysts to determine if Bitcoin will adopt a similar trajectory to gold regarding weekly momentum gains.
This news is republished from another source. You can check the original article here