#CPIWatch #T99
Bitcoin doesn’t need to wait for a pullback in gold and silver to continue its upward trajectory, according to analysts.
“Surprisingly unpopular opinion,” Glassnode lead analyst James Check said after making the statement in an X post on Friday, adding that Bitcoiners who think otherwise “don't understand any of these assets.”
Echoing a similar sentiment, macroeconomist Lyn Alden said in a podcast published to YouTube on Saturday, that while “a lot of people phrase it as competition,” she is “not in that camp.”
BNBUSDT
Perp
630.26
-0.24%
BTCUSDT
Perp
70,338.3
+0.29%
XRPUSDT
Perp
1.5763
+7.67%