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Bitcoin Vs. Gold: Better Opportunity to Buy BTC Than 2017

by Vivek Kumar
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Bitcoin Vs. Gold: 'Better Opportunity to Buy' BTC Than 2017

Bitcoin (BTC) fell to a record low versus gold (XAU) in January, making it a better buying opportunity than what preceded the 2015–2017 bull market, analysts say.

Key takeaways:

  • BTC vs gold hit a record low, a level that has lined up with past major bottoms.

  • Some analysts warn that a rotation to BTC from gold is not guaranteed.

Gold-to-Bitcoin rotation could start in February

On Saturday, Bitcoin’s value compared to gold fell to its lowest level ever after adjusting for the global money supply, data from…

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