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International Business Times UK
International Business Times UK
Regyl Jaen

Sell Bitcoin, Buy Gold: Should Investors Follow Veteran Trader Peter Brandt's Latest Call?

Peter Brandt Bitcoin Gold IS Strategy Michael Saylor Cryptocurrency
Some dismiss Brandt's Bitcoin-to-Gold call, but trader Pablo Herman sees both assets thriving—expecting a Bitcoin bounce and long-term gains in gold and silver. (Credit: Editorial illustration created with ChatGPT OpenAI)

Should investors ditch Bitcoin and buy gold instead? Veteran trader Peter Brandt sparked fresh debate after suggesting to investors that they might want to consider moving out of Bitcoin and into gold. His argument is based on the XAU/BTC ratio, which measures how gold is performing against Bitcoin.

According to Brandt, the chart has broken above a long-term trend line, a technical signal that gold may be set to outperform the leader in the cryptocurrency market. This call divided investors and reopened a fierce debate about which asset has a better store of value.

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