Analysis: Bitcoin can continue to rise without waiting for gold and silver to pull back

CoinVoice has learned that, according to Cointelegraph, analysts believe that Bitcoin does not need to wait for a correction in gold and silver to continue rising. Glassnode chief analyst James Check stated on the X platform: “This might be an unexpected ‘outlier’ view.” Bitcoin holders with an opposing view “simply do not understand these assets.”

Macro economist Lyn Alden also expressed a similar opinion in a YouTube podcast released on Saturday. She said that although “many people describe it as a competitive relationship,” she “does not agree with this view.” Alden pointed out that the recent strong performance of the Bitcoin-to-Gold ratio is because Bitcoin has been in a “stagnation period” over the past year, while gold has experienced its “most glorious year.”