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Michaël van de Poppe· 2026-07-27 16:30
The current valuation of #Bitcoin vs. Gold is the lowest it's ever been.The current valuation of BTC/Gold vs. the Global Money Supply is also the lowest it has ever been.It's never been out of the 2-sigma bands, however, over the past few months, it dropped out of this framework.The primary reason for the breakdown is very easily to understand:- 10/10 broke the markets entirely and liquidity was sucked away from the markets into other assets.- Gold has seen a tremendous rally, triggering a ton of upside for ...