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Bitcoin is approaching all time high than gold . So we can say that Bitcoin Continue to Outshine Gold . Our analysts believe that if the trend will continues, then Bitcoin might hit $ 100k by the end of 2021 .
As the Bitcoin price edges closer to $ 59000, so it's value relative to gold is approaching new all-time highs.
Also possibly hinting at the emergence of a new preferred store of value.
Bitcoin price reached 34.94 ounces on Tuesday against gold. Also The BTC-gold comparative peaked at 35.35 ounces on March 13 as Bitcoin surged past $ 61,000.
Bitcoin's value relative to gold has quite doubled over the three months and has grown nearly sevenfold since October 2020.
Gold futures, plunged below $ 1700 a troy ounces Tuesday on the comex division of the NY merchantile Exchange.
for more click on ontechway.com/2021/04/06/...e-to-outshine-gold-in-2021/
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