Analysts: Bitcoin doesn't need to wait for a pullback in gold and silver; it can continue its upward trend.

According to ME News, on December 28th (UTC+8), analysts stated that Bitcoin does not need to wait for a pullback in gold and silver to continue its upward trend. Glassnode's chief analyst, James Check, called this a "surprisingly unpopular view," adding that those who believe Bitcoin must wait for a correction in precious metals "don't really understand these assets." Macroeconomist Lyn Alden expressed a similar view. She stated that while "many people describe it as a competitive relationship," she "doesn't agree with that view." Alden stated that the recent strong performance of Bitcoin relative to gold is because Bitcoin has been in a "stagnant phase" over the past year, while gold has had an "extremely strong year." Both assets have their own long-term structural logic supporting them. Several Bitcoin industry executives predict that the current downward trend is likely to reverse in 2026. Bitwise's chief investment officer, Matt Hougan, stated, "Bitcoin will rise next year." Jan3 founder Samson Mow stated that Bitcoin may be about to embark on a "decade-long bull market." (Source: ME)