Bitcoin has reached a historic milestone by outperforming gold, with its value now at 36.78 ounces of gold per BTC. This highlights a possible shift in how investors preserve wealth, positioning Bitcoin as a potential "digital gold." However, some gold advocates, such as economist Peter Schiff, dismiss Bitcoin's potential, claiming it lacks intrinsic value and is purely speculative. Despite experiencing a drop below $100,000, Bitcoin maintains bullish sentiment and has the potential to reclaim that resistance level. However, the asset still faces hurdles, primarily volatility, before fully assuming the status of "digital gold."



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