Economist Lyn Alden forecasts that Bitcoin's price performance could surpass gold over the next two to three years. Speaking on the New Era Finance podcast, Alden highlighted that the current sentiment in the gold market is "somewhat overoptimistic," while Bitcoin is "unfairly viewed negatively." She pointed out that these assets often exhibit a swing relationship, suggesting Bitcoin may reverse its diminishing returns following gold's recent rally.
Alden noted the current gold Fear & Greed Index is at 72, indicating greed, whereas the cryptocurrency index is at 18, reflecting extreme fear. Bitcoin is trading at approximately $71,164, down 44% from its all-time high of $126,000. Despite this, Alden cautioned against assuming an absolute relationship between gold and Bitcoin, as both can rise or fall together.
Economist Lyn Alden Predicts Bitcoin to Outperform Gold in Coming Years
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