According to Odaily, legendary trader Peter Brandt has predicted a significant surge in the price ratio of Bitcoin (BTC) to gold. Brandt anticipates a 340% increase in the BTC to gold price ratio, as reported by Bitcoin Magazine.
This forecast suggests a substantial shift in the value dynamics between the traditional safe-haven asset and the leading cryptocurrency. However, it's important to note that this is a prediction and actual market movements may vary.
Brandt, known for his trading acumen, has a history of making accurate predictions in the cryptocurrency market. His latest forecast could potentially indicate a significant shift in investor preference from gold to Bitcoin. However, as with any market prediction, it's advised that investors exercise caution and conduct their own research.