December 28 — Per Cointelegraph, analysts note Bitcoin doesn’t need to wait for gold or silver pullbacks to extend its upward trend. Glassnode Chief Analyst James Check called this an “unexpectedly unpopular take,” adding those who think Bitcoin must wait for precious metals to retreat “don’t truly understand these assets.” Macro economist Lyn Alden echoed the view: While “many frame it as a competitive relationship,” she “doesn’t agree.” She noted Bitcoin’s recent strength relative to gold stems from its “stagnation phase” over the past year, whereas gold has had “a very strong year.” Both assets, she said, have long-term structural logic behind them. Several Bitcoin industry executives expect the current downtrend to reverse by 2026: – Bitwise CIO Matt Hougan: “Bitcoin will rally next year.” – Jan3 founder Samson Mow: Bitcoin may be on the cusp of a “decade-long bull market.”
