According to Odaily Planet Daily, the founder of digital asset fund Capriole Investments said that BTC price trends still look "promising". Edwards uploaded a chart comparing BTC price trends with gold price trends since the end of 2019, and concluded that once gold starts a new trend, Bitcoin only needs time to catch up. Superimposing XAU/USD on BTC/USD shows that Bitcoin's incubation period is about three months. According to a rough rule of thumb, Bitcoin's macro trends usually lag behind gold by several months.
