- Do not pass the patón (until now)
- Top cycle?
Jurrien Timmer, director of Macro Global de Fidelity, based in Boston, says that Bitcoin sits at the top of the investment investment table together with the gold and international shares.
Meanwhile, the bonds remain at the bottom in the middle of the US fiscal domain that increases domestic assets.
He argues that the rise of artificial intelligence (AI) continues to feed the big tapas.
Bitcoin, which stands out mainly due to its shortage, tends to benefit from Fiat weakening.
Do not pass the patón (until now)
In May, Timmer predicted that gold could end up passing the cane to Bitcoin in the second half of the year.
However, this has not happened as far as the bright metal keeps overcoming its digital rival.
At the end of August, Timmer said that Bitcoin and Gold were “right in balance” from each other after the first reached a new record. However, Bitcoin’s rally stagnated, and Gold continued to exceed it in September.
Today early, Gold reached another maximum of all time, increasing above $ 3,650, since investors are increasingly betting on the yellow metal before the widely predicted rates cuts from the Fed.
Timmer recently predicted that Fed could restart quantitative flexibility engines (QE), which is expected To boost bitcoin (BTC) and gold.
Top cycle?
While there are still debates about whether the four -year cycles driven by Bitcoin Halas are still something due to the growing influence of institutional money participants, Timmer believes that the leading cryptocurrency continues to follow them.
In July, he said that both Bitcoin and Gold were still “in the average entrances” of the hard money trade, pointing out the size of the supply of global money and the strength of the dollar.