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Bitcoin Could Outshine Gold Through 2029, Macroeconomist Predicts

Macroeconomist Lyn Alden predicts Bitcoin could outperform gold over the next two to three years, citing extreme divergence in investor sentiment. While gold's fear and greed index sits at 72 (greed), Bitcoin's is at 18 (extreme fear). Alden sees this as a contrarian opportunity, suggesting the pendulum has swung too far in gold's favor and a reversal is likely. Although gold recently hit a record high, Bitcoin remains 44% below its peak. Alden acknowledges both assets can rise or fall together but believes current conditions favor Bitcoin. This contrasts with investors like Ray Dalio, who favors gold as a more established store of value.

bitcoinist03/07 08:02