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Bitcoin holds up as the gold climbs – is this the new duo of Safe Haven?


  • Bitcoin still holds over $ 80,000 because investors seek safety in uncertain markets
  • Metrics indicated that 77% of the owners have profits, with Netflowows supporting strong feelings

The world economy is still driven to trembling soil. Trade relations develop, inflation is not yet fully eliminated, and the stock markets are just beginning to show cracks. Yet, hard property like gold and bitcoin quietly steal a reflector.

In fact, gold in the ladder reached a new maximum of $ 3,300. Hard for heels, BTC remains significantly above the price of $ 80,000. The two of them move in synchronization with good reason – investors seek security.

Because traditional property has lost its edge, Bitcoin seems to make its case as a serious candidate for Safe Haven.

Investors watch BTC at an uncertain time

Investors seem to respond to global uncertainty by moving capital to property that preserves value. Gold traditionally played this role, but Bitcoin quickly compensates. Its decentralization and global liquidity make it attractive protection.

Since shares are facing potential deficiency and global financial policy, BTC now considers “digital gold”. Its effect during the recent stock sales of the shares further enhanced this opinion.

Since cryptocurrencies record all the time of high appeal and reduced unrealized losses, the number of large investments on current DIP could encourage its prices higher. The last time Bitcoin recorded such a high number at unrealized losses was sales and 2022 bears during 2021.

Both events are accompanied by a significant bull set on the ladder.

Source: Grenede

Metrics Return of the Bull Case

According to Intotheblock, the metric on the chain also indicated growing confidence. At the time of writing, Bitcoin’s Exchange Netflows stood 52%. This meant that more BTC is withdrawn from exchange than deposited – a signal of an investor she intends to hold rather than sell.

In fact, the data showed that 77% of all Bitcoin address can be profitable. This level of profitability often increases the mood of the owner and supports prices stability, or even an additional increase.

Source: Intotheblock

As long as there is economic insecurity and faith in traditional markets remains unstable, Bitcoin could continue to reap. Staying above $ 80,000 is not just a matter of price – it’s feelings. Customers simply see value in BTC today.

With gold and Bitcoin and red-Vruca, the narrative of the safe havee builds momentum. If that continues, Bitcoin can not only remain in the step, but could hit new peaks.

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