US EditionBitcoin trader sees gold 'blow-off top' as XAU nears new $3.3K record
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Bitcoin Faces Pressure as Gold Hits $3.3K Record - The Cryptocurrency Post
TL;DR Gold’s Meteoric Surge: Gold prices edge near $3,300 per ounce with a record $80 billion inflow, solidifying its status as the ultimate safe haven amid global uncertainty. Bitcoin’s Struggle: Bitcoin slips to a five-month low as ETF assets decline from $106 billion to $92 billion, reflecting waning investor confidence due to its high volatility. Potential Reversal on the Horizon: Experts predict that once gold’s rapid ascent slows, Bitcoin…
Peter Schiff’s New Warning: Sell Bitcoin Before It’s Too Late
Peter Schiff has advised selling all Bitcoin and investing in gold mining stocks as the best current trade. Bitcoin dropped 3.35% from its recent high and is now trading near the $83,369 level. Rising short positions and weakening demand suggest more downside for Bitcoin in the near term. Bitcoin faced renewed pressure as gold surged to fresh highs, signaling a shift in risk sentiment across global markets. Peter Schiff, who accurately predicted…
Bitcoin trader sees gold ‘blow-off top’ as XAU nears new $3.3K record
Bitcoin (BTC) faces an uphill struggle as a safe haven in 2025 as gold fund inflows circle $80 billion. Data from Bank of America (BoA) uploaded to X by trading resource The Kobeissi Letter on April 15 confirms gold’s “best streak” since 2013. Gold beats records as Bitcoin ETFs slump As the US trade war sees investors flee to gold, Bitcoin has lost the limelight as a hedge against macroeconomic volatility. BoA figures show inflows to gold funds …
Bitcoin trader sees gold 'blow-off top' as XAU nears new $3.3K record
Bitcoin (BTC) faces an uphill struggle as a safe haven in 2025 as gold fund inflows circle $80 billion.Data from Bank of America (BoA) uploaded to X by trading resource The Kobeissi Letter on April 15 confirms gold’s “best streak” since 2013.Gold beats records as Bitcoin ETFs slumpAs the US trade war sees investors flee to gold, Bitcoin has lost the limelight as a hedge against macroeconomic volatility.BoA figures show inflows to gold funds beat…
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