Veteran trader with 4 bull market cycles: Bitcoin is becoming “gold-like,” BTC major upward phase has yet to be triggered
BIBIBI
AT A GLANCE
Benson Sun believes Bitcoin is exhibiting “goldification” characteristics and that the main upward phase has not yet begun.
Article
Veteran trader with 4 bull market cycles: Bitcoin is becoming “gold-like,” BTC major upward phase has yet to be triggered
Benson Sun says Bitcoin’s transition toward gold has begun, BTC/correlation with gold has risen to an all-time extreme, and the major upward phase has yet to be triggered. Altcoins focus on ZEC、HYPE、UNI、NEAR and others, which have already emerged as the main trend,ETF with capital and institutional liquidity determining the top.
Benson Sun says Bitcoin’s transition toward gold has begun.
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The article states that BTC’s correlation with gold has risen to an all-time extreme.
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Benson Sun says BTC’s major upward phase has yet to be triggered.
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mentioned in the article ZEC、HYPE、UNI、NEAR has already gone through the altcoin-led phase.
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the article states ETF capital and institutional liquidity determine the top.
AI-assisted interpretation
The following is analysis, separate from reported facts. Verify important claims independently.
This is a trader’s assessment of Bitcoin market phases and altcoin hotspots. “Goldification” means understanding Bitcoin in connection with gold; “primary upward phase” refers to a period of rapid price increases.
Why it matters to readers
If this assessment proves correct, investors may continue to focus on the relationship between Bitcoin and gold,ETF capital, institutional liquidity, and the altcoins mentioned in the article.
Beginners should treat this as a market view, rather than a confirmed upward signal; the text provides no specific price or capital data.
Risks and unknowns
The text does not provide BTC specific numerical values or statistical intervals for the correlation with gold.
The text does not provide ETF specific data on capital and institutional liquidity.
“The primary upward phase has not yet been triggered” is Benson Sun’s assessment and cannot be confirmed based on this text alone.
ZEC、HYPE、UNI、NEAR Whether it will continue as the main theme is not supported by further evidence in the text.
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