Gold's Returns Chart from 50 Years Ago Looks Exactly Like Bitcoin's Today.
Historical data from Matt Hougan shows that gold's returns in its early stages were also volatile and followed a 4-year cycle similar to Bitcoin's today. This shatters the argument that Bitcoin is too risky to be a sustainable store of value when compared to the maturation process of the precious metal.
👉 Bitcoin is precisely replicating Gold's historical path to becoming a global safe-haven asset, confirming that cyclicality is a natural characteristic of a new currency.
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Gold's Returns Chart from 50 Years Ago Looks Exactly Like Bitcoin's Today.
Historical data from Matt Hougan shows that gold's returns in its early stages were also volatile and followed a 4-year cycle similar to Bitcoin's today. This shatters the argument that Bitcoin is too risky to be a sustainable store of value when compared to the maturation process of the precious metal.
👉 Bitcoin is precisely replicating Gold's historical path to becoming a global safe-haven asset, confirming that cyclicality is a natural characteristic of a new currency.
$XAU
{future}(XAUUSDT)
$BTC
{spot}(BTCUSDT)
#GOLD
#BTC