Analyst: Bitcoin's Rise Doesn't Need to Wait for Gold and Silver to "Cool Down"


The analyst pointed out that Bitcoin does not need to wait for a pullback (price decline) in gold and silver to continue its upward trajectory. Glassnode Chief Analyst James Check stated on X (formerly Twitter) on Friday: "This might be an unexpectedly 'underdog' perspective."
He added that Bitcoin holders who believe Bitcoin needs gold and silver to fall before it can rise "simply do not understand any of these assets." Macro economist Lyn Alden also expressed a similar view in a YouTube podcast released on Saturday. She said that although "many describe it as a competitive relationship," she "does not agree with this view (not part of that camp)."
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