Analyst predicts next big crash for Bitcoin as markets rally

Bitcoin (BTC) has often been referred to as "digital gold" because of its scarcity and decentralized nature. Like gold, Bitcoin cannot be arbitrarily created and its supply is capped at 21 million coins. This makes it resistant to inflation and government manipulation. It was during the 2013 bull run and especially after the 2020 macroeconomic crisis that the term became more prominent. Institutional investors started treating Bitcoin as a hedge against monetary debasement. However, for Stifel's Barry B ...