TechFlow News, March 6: According to a Cointelegraph report, macroeconomist Lyn Alden stated on the New Era Finance podcast that Bitcoin’s price performance over the next two to three years could outperform gold. Alden believes current market sentiment toward gold is “somewhat overly optimistic,” while Bitcoin is subject to “unfairly negative perceptions.” She noted that these two assets typically exhibit a seesaw relationship; given gold’s recent strong rally, Bitcoin may overcome diminishing returns in the next cycle.
The current Gold Fear & Greed Index stands at 72 (“Greed”), whereas the Crypto Fear & Greed Index is only at 18 (“Extreme Fear”). Bitcoin is currently trading around $71,164—down 44% from its all-time high of $126,000 reached in October. Alden also emphasized that gold and Bitcoin can rise or fall simultaneously, and she remains cautious about asserting an absolute relationship between the two.
