ChainCatcher News reports that macroeconomist Lyn Alden stated on the New Era Finance podcast that Bitcoin’s price performance over the next two to three years could surpass gold. Alden believes that the current gold market sentiment is somewhat overly optimistic, while Bitcoin is unfairly viewed negatively.
She pointed out that these two assets typically exhibit an oscillating relationship. Considering the recent strong rally in gold, Bitcoin may offset diminishing returns in the next cycle. Currently, the gold fear and greed index shows 72 (greed), while the cryptocurrency fear and greed index is only 18 (extreme fear). Bitcoin is currently trading at about $71,164, down 44% from its October all-time high of $126,000. Alden also mentioned that gold and Bitcoin can rise or fall together, and she remains cautious about the absolute relationship between the two.
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