Bitcoin (CRYPTO: BTC) tapped $88,000 on Wednesday amid heightened geopolitical tensions, though some analysts argue the weakness is temporary rather than structural.
Analyst Says Bitcoin–Gold Divergence Is Cyclical, Not Structural
Crypto trader Ansem said Bitcoin’s recent lag relative to gold is driven by cyclical and structural factors, not a breakdown of the long-term thesis.
He attributed the divergence to early Bitcoin holders taking profits, four-year cycle dynamics, and portfolio rebalancing as gold and silver break out of a decade-long consolidation.
According to Ansem, renewed demand from high-net-worth individuals and institutions, is driven by Bitcoin’s advantages as a “digital analogue” to gold – namely portability, ease …