Bitcoin Relationship With Gold Has Strengthened In Recent Months

According to Bloomberg, Bitcoin's correlation with gold has increased quickly in recent months, pushing it to an all-time high above 0.6. Historically, this number only surpassed 0.5 in 2016 and 2020. Good for holders!

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Some of you think you are masters of the universe right now because you bought Solana sub $10 and sold it at $200. Others did the smart thing and sold fiat for crypto during the 2021 to 2023 bear market but lightened up as prices surged in the first quarter of this year. If you sold shitcoins for Bitcoin, you get a pass. Bitcoin is the hardest money ever created. If you sold shitcoins for fiat that you don’t immediately need for living expenses, you are fucking up. Fiat will continue to be printed ad infinitum until the system resets.
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