#GoldPrintsNewATH $BTC 🖇️ $PAXG 🖇️ $XAU


Gold or Bitcoin? A historic battle against the money supply.
The market is reaching a critical decision point. While gold has risen by 70% this year, reaching $4,500, Bitcoin has retraced nearly 10%. But what’s truly interesting is not the price in dollars, but how both assets compare against the amount of money circulating in the U.S. economy (the M2 money supply).
Gold is hitting a historical "resistance zone" that hasn't been seen since 2011 or the early 1970s. Back then, after breaking that level, the price of gold tripled. Right now, the precious metal is testing whether it has the strength to repeat that feat or if it has reached its temporary ceiling.
On the other hand, Bitcoin, dubbed by many as "digital gold," is doing the opposite: testing its support. It has fallen to levels we saw in April during the so-called "tariff tantrum" and also marks the highs of the previous cycle in March 2024. Despite this pullback, the long-term trend of Bitcoin remains clear, as it continues to set new highs against the money supply in each cycle.
The dollar is constantly being printed, so looking at the nominal price can be misleading. The lesson here is that gold is struggling with its glorious past, while Bitcoin is validating its foundations before, possibly, seeking new highs. We are witnessing a generational shift in safe-haven assets.
Do you think gold will continue to lead, or is it time for Bitcoin to regain lost ground against money printing?
Comment, I want to hear from you ❤️😉
BTC-0.16%
PAXG-0.4%
post-image
post-image
post-image
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
  • Pin

Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)