X @Michaël van de Poppe

I think the most valuable chart is the valuation chart for $BTC vs. Gold.Both assets are fighting for the same pie, and when one runs, the other one usually stalls.That's what we saw in Q4 last year: Gold rallied, and $BTC crashed.Not strange: if you're holding both assets and the volatility of one goes up, you'll be required to sell the other to hedge the risk of holding both in your portfolio.However, when the markets turn upwards, $BTC moves more like a high-Beta tech stock.I've asked the same question t ...