Using historic chart to predict Bitcoin's future isn't the best approach.
The landscape has significantly changed.
Last year Goldman Sachs said Bitcoin is not an asset class.
Today "I think Bitcoin is on an inevitable path to have the same market capitalization and then a higher one than gold" -- David Solomon, CEO of Goldman Sachs
There is also a generational shift in investor attitude towards Bitcoin / Crypto
Peter Schiff, one of the biggest gold bug, admitted not too long ago that his own son completely abandoned gold and put 100% of it into Bitcoin.
The landscape has significantly changed.
Last year Goldman Sachs said Bitcoin is not an asset class.
Today "I think Bitcoin is on an inevitable path to have the same market capitalization and then a higher one than gold" -- David Solomon, CEO of Goldman Sachs
There is also a generational shift in investor attitude towards Bitcoin / Crypto
Peter Schiff, one of the biggest gold bug, admitted not too long ago that his own son completely abandoned gold and put 100% of it into Bitcoin.