Bitcoin has been struggling to outperform gold as a store of value, despite its rising adoption and reaching an all-time high. Market expert Peter Brandt highlighted Bitcoin's struggle through a Bitcoin-to-gold ratio analysis, showing a possible double-top formation. Gold prices have broken their previous record and are currently at $2,896.55 per ounce, as investors seek its protection amid economic uncertainty. Gold's status as a safe-haven asset continues to overshadow Bitcoin, which faces doubts about its value stability. However, some believe that Bitcoin will eventually displace gold and achieve a value of $500K. The current market remains uncertain about Bitcoin's future performance.



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