menu
techminis

A naukri.com initiative

google-web-stories
Home

>

Technology News

>

Peter Bran...
source image

Zycrypto

1w

read

25

img
dot

Image Credit: Zycrypto

Peter Brandt Projects Mega Bullish Bitcoin-Gold Ratio: What’s Next For BTC Price

  • Bitcoin prices continue to soar on the back of positive macro events in the United States, with bulls anticipating inflows in Donald Trump’s second term.
  • The Bitcoin to gold ratio hit a new all-time high, weighing the purchasing power of gold per ounce to one Bitcoin. The ratio is currently at 40 gold ounces per BTC.
  • Trader Peter Brandt projects a significant surge in the Bitcoin-Gold ratio, suggesting that the next mark is 89, double the present level.
  • Institutional investors have been allocating assets towards Bitcoin following the approval of spot Bitcoin ETFs by the SEC, driving towards larger global adoption.

Read Full Article

like

1 Like

For uninterrupted reading, download the app