#Bitcoin is currently on the lowest valuation ever vs. Gold.
Some people might say that this is the end of Bitcoin.
Others might argue that the markets are actually going to turn around from here.
If you look at the macroeconomic landscape and all other arguments, I think that it's a great moment to accumulate positions.
Why?
Watch the update here: youtu.be/aq2Ut2ZLU3M

What you mean the lowest valuation ever against Gold?
The BTC/Gold valuation is higher today that it was from 2012-2017.
And it is higher today than it was in late 2022/early 2023.

Here you go.
But I’m sure Bitwise, one of the leading ETF providers in the space & big institution, will also be wrong on this.

I am confused, as you are talking about different things.
You said the valuation of BTC against Gold, now you are talking about a different Z-score metric.
It is objectively true that BTC/Gold ratio was lower in 2011-2017 than it is today.
Also, even a "leading ETF provider" can be wrong about things, as we all are
They called SOL to $750 this past cycle and BTC to $200k.
No one knows what will happen.
But saying BTC is at a lower valuation today against Gold than it ever has been is just simply not true. You can look at a chart and verify for yourself. Posting a model is not the same as just looking at the chart
x.com/BitwiseInvest/status/186...…
If valuation vs gold is extreme, it’s either a rare opportunity or a regime shift - watch the next few weekly closes. 👆
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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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