> be Bitcoin

> undervalued
> gold is up 18% this year
> Bitcoin is down 20%
> same macro environment
> same inflation fears
> same geopolitical chaos
> gold got the memo
> Bitcoin did not
> BTC-to-gold ratio at multi-year lows
> 13.5 ounces per Bitcoin
> gold market cap - $15 trillion
> Bitcoin market cap - $1.3 trillion
> that's a 10x gap
> for an asset that's supposed to be "digital gold"
> gold decoupled in late January
> crypto dumped
> they were supposed to move together
> they didn't
> Bitcoin just needs +17% to flip gold's YTD performance
> the most undervalued it's looked in years
> sitting right there
> waiting
gold is doing Bitcoin's job better than Bitcoin right now
the rotation hasn't happened yet
that's either the risk or the opportunity