The post Gold May Outperform Bitcoin as $100,000 BTC Resistance Raises Market Uncertainty, Suggests Bloomberg Analyst appeared on BitcoinEthereumNews.com.

Bitcoin’s recent surge to the $100,000 mark appears to have hit a significant resistance level, while gold quietly outperforms both Bitcoin and traditional stocks amid ongoing market uncertainty. Data from Bloomberg Intelligence reveals that since December 2024, gold has gained approximately 26%, contrasting with Bitcoin’s stagnation near its peak and the S&P 500’s flat to slightly negative performance. Mike McGlone, senior macro strategist at Bloomberg, notes, “A trend most don’t want to continue — gold winning,” underscoring the shifting investor preference towards safer inflation hedges during volatile times. Bitcoin faces resistance at $100K while gold outperforms stocks and crypto, signaling a cautious market environment amid crypto oversaturation and macroeconomic uncertainty. ‘, ‘ 🚀 Advanced Trading Tools Await You!Maximize your potential. Join now and start trading! ‘, ‘ 📈 Professional Trading PlatformLeverage advanced tools and a wide range of coins to boost your investments. Sign up now! ‘ ]; var adplace = document.getElementById(“ads-bitget”); if (adplace) { var sessperindex = parseInt(sessionStorage.getItem(“adsindexBitget”)); var adsindex = isNaN(sessperindex) ? Math.floor(Math.random() * adscodesBitget.length) : sessperindex; adplace.innerHTML = adscodesBitget[adsindex]; sessperindex = adsindex === adscodesBitget.length – 1 ? 0 : adsindex + 1; sessionStorage.setItem(“adsindexBitget”, sessperindex); } })(); Bitcoin’s $100,000 Resistance: Market Dynamics and Investor Sentiment Bitcoin’s rally to the $100,000 threshold has been met with notable resistance, signaling a potential plateau in near-term price appreciation. According to Bloomberg Intelligence’s Mike McGlone, this resistance may reflect broader market dynamics where investors are increasingly favoring traditional safe-haven assets like gold. The cryptocurrency’s limited movement around this psychological barrier contrasts sharply with gold’s steady 26% gain since late 2024, highlighting a divergence in capital flows. This stagnation in Bitcoin’s price suggests that despite its long-term bullish fundamentals, short-term momentum is being tempered by a combination of market saturation and macroeconomic headwinds. The S&P 500’s flat performance during the same period further…

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Filed under: News - @ June 8, 2025 9:18 pm