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Peter Brandt: Gold in a “Long-Term Bear Trend” Against Bitcoin

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Peter Brandt Believes Bitcoin’s Price is Yet to Reach Bottom

Veteran commodity trader Peter Brandt has ignited a debate in the financial world by asserting that gold is in a “long-term bear trend” relative to Bitcoin. His analysis, based on a weekly chart of the XAU/BTC ratio, suggests that despite recent short-term gains, the precious metal has been on a persistent downtrend against the leading …

The post Peter Brandt: Gold in a “Long-Term Bear Trend” Against Bitcoin appeared first on Cryptoknowmics-Crypto News and Media Platform.

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