When we compare Bitcoin vs Gold between ATH's we can see that the digital token has not performed as well as gold over this specific timeframe. If you look further back you can see the bitcoin performance between peaks is 'decellerating'.
And when you look at the gold Ratio (using this chart: https://www.longtermtrends.net/bitcoin-vs-gold/) you will see that this cycle Bitcoin has not made a new ATH relative to gold.
This for me is evidence that bitcoin is not only weakening against gold, but the weakening is speeding up. This could be the endgame for bitcoin when people become aware of this, after all if a useless yellow rock can outperform a useless digital nothing, i'm sure people are gonna go for gold.
And when you look at the gold Ratio (using this chart: https://www.longtermtrends.net/bitcoin-vs-gold/) you will see that this cycle Bitcoin has not made a new ATH relative to gold.
This for me is evidence that bitcoin is not only weakening against gold, but the weakening is speeding up. This could be the endgame for bitcoin when people become aware of this, after all if a useless yellow rock can outperform a useless digital nothing, i'm sure people are gonna go for gold.