Mike McGlone|Apr 17, 2025 11:16
Bitcoin Is Too High vs. Gold: BE Model -
Bitcoin trading at about 25x the per-ounce price of gold on April 16 is at risk of dropping toward 17x, based on Bloomberg Economics' model.
Full report on the Bloomberg here: https://blinks.bloomberg.com/news/stories/suuxe7dwlu69 {BI COMD}
#commodities #gold #bitcoin @BBGIntelligence
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