We all know that inflation is here. So let's take that out of the equation.
Here is a comparison of Gold to Bitcoin based on the Bull and Bear runs on BTC.
Back in 2018 Bull Market you could buy ~8oz of Gold for 1 Bitcoin
In 2019 Bear Market you could only buy ~3oz of Gold for 1 Bitcoin
In 2021 Bull Market you could buy ~32oz of Gold for 1 Bitcoin
Today Bear Market you can only buy ~16oz of Gold for 1 Bitcoin
PeterSchiff what do you think?
@APompliano what do you think?
Here is a comparison of Gold to Bitcoin based on the Bull and Bear runs on BTC.
Back in 2018 Bull Market you could buy ~8oz of Gold for 1 Bitcoin
In 2019 Bear Market you could only buy ~3oz of Gold for 1 Bitcoin
In 2021 Bull Market you could buy ~32oz of Gold for 1 Bitcoin
Today Bear Market you can only buy ~16oz of Gold for 1 Bitcoin
PeterSchiff what do you think?
@APompliano what do you think?
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.