ChainCatcher news, the founder of digital asset fund Capriole Investments said that BTC price trends still look "promising". Edwards uploaded a comparison chart of BTC price trends and gold price trends since the end of 2019, and he concluded that once gold starts a new trend, Bitcoin only needs time to catch up. Superimposing XAU/USD on BTC/USD, it can be found that the incubation period of Bitcoin is about three months. "As a rough rule of thumb, Bitcoin's macro trends usually lag behind gold by several months."