Fundamental analysts tend to be ahead of the curve, seeing the forest and not the trees. We have argued that gold's ATH is a risk for assets like Bitcoin.
In 1972 and 1978, gold rose before inflationary spikes of 12% and 15%. In October 2007, it peaked before the 2008 crisis.
Bitcoin, by many metrics, behaves like a tech stock, and a stock market correction could cause its price to fall.
