Posted 11/24/2023, 8:05:13 AM
Bitcoin Price Could Surge Over 400% Compared to Gold if Bold Prediction Comes True
- Bitcoin (BTC) could surge over 400% relative to gold if prediction that 1 BTC will be valued 100 times more than 1 ounce of gold comes true
- Bitcoin-altcoin cycle indicator signaling altcoin season ahead as indicator reaches 85
- Gold-to-Bitcoin ratio currently at 18.8 and on upward trend per Glassnode co-founders
- Glassnode co-founders express bullish sentiment on Bitcoin overall
- If prediction of BTC reaching 100 times price of gold ounce happens, BTC price could hit $199,300