Bitcoin trader sees gold 'blow-off top' as XAU nears new $3.3K record
Bitcoin is in no mood to copy gold’s bull run yet, but on the horizon is a “terminal” end to the record XAU/USD winning streak, a trader predicts.
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.
As the US trade war sees investors flee to gold, Bitcoin has lost the limelight as a hedge against macroeconomic volatility.
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