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Bitcoin continues to question traditional financial markets and always triggers more interest in investors. In recent years it has been compared with gold and was considered its digital equivalent. Tom Lee, an influential analyst and co -founder of Fundstrat, goes on and says that Bitcoin will become the most effective asset.
Bitcoin face to face gold: a new battle is committed
Financial expert Tom Lee took a position in the future of Bitcoins.
He said “Bitcoin is always our best investment idea for this year. We think it will be the most effective class of assets, beyond gold ”.
- A strong statement, while Bitcoin still has a decline of more than 20 % compared to its historical record;
- Optimism assumed, despite the first trimester in the halftone for crypto;
- A reminder of the past cycles, because Lee emphasizes that bitcoins have already experienced a long period of stagnation before recording a dazzling increase, especially in 2017.
However, the current context plays in favor of gold that reaches new heights.
Some analysts believe that bitcoin remains active to compete with yellow metal as a refugee value.
But for Lee, this delay in performance is only a temporary phenomenon to reverse over time.
Factors that could drive bitcoins
Tom Lee’s optimism is based on several factors that could push Bitcoins to the top in the coming months:
- Institutional adoption: Giants as Blackrock will restore their bitcoin purchases, which strengthens its credibility of traditional investors;
- Programmed rarity: unlike gold, whose continuous extraction is limited to 21 million units that can create natural bull pressure;
- Active refuge in production: In a time of economic uncertainty, bitcoin is increasingly perceived as a viable alternative to gold.
However, the key factor in this trajectory will be a regulatory development. Too strict supervision could reduce its output, while general acceptance would strengthen its legitimacy and attraction to the general public and institutions.
If Bitcoin was to really overcome gold, the consequences for investors would be the main. Here are the key points you can monitor:
- Return of financial institutions: If the interest of large investment funds continues to grow, it could create a sustainable bull movement;
- Regulatory decision: The development of laws around bitcoins will affect its stability and its global adoption;
- Market behavior: Volatility remains the main risk, but can also offer opportunities for experienced investors.
While Tom Lee keeps his forecast, only the future will confirm whether the Queen’s crypt will overcome gold and establish himself as a new global financial standard. Time is observed for investors, but signals already exist.
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A graduate of the Toulouse and the Blockchain Consultant Certification certification holder and I joined the adventure of Cointribuna in 2019. I convinced of the potential of blockchain to transform many economy sectors, committing to raising awareness and informing the general public about how the ecosysty developed. My goal is to allow everyone to better understand blockchain and take the opportunity they offer. I try to provide an objective analysis of messages every day, decrypt trends on the market, hand over the latest technological innovations and introduce the economic and social issues of this revolution.
Renunciation
The words and opinions expressed in this article are involved only by their author and should not be considered investment counseling. Do your own research before any investment decision.