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Bitcoin is Maintaining Its Uptrend — Despite Gold and Silver
Bitcoin is Maintaining Its Uptrend — Despite Gold and Silver
Despite recent volatility, Bitcoin has shown resilience and it is becoming clear that BTC's movement does not depend on the price action of gold or silver. According to analysts, Bitcoin's growth is driven by long-term narratives rather than short-term correlations.
Key Points (Simple Breakdown)
Bitcoin's uptrend is independent of gold and silver, which challenges common assumptions.
Gold and silver have touched all-time highs in recent weeks, mainly due to geopolitical tensions and expectations of monetary easing.