The post Bitcoin May Sustain Momentum Without Gold Pullback, Analysts Suggest appeared on BitcoinEthereumNews.com.

The Bitcoin gold ratio currently hovers around 20, meaning Bitcoin trades at approximately 20 times the price of gold per ounce. Glassnode lead analyst James Checkcap states Bitcoin can sustain momentum without pullbacks in gold or silver, while Bloomberg Intelligence’s Mike McGlone forecasts a potential decline to 10x by 2026. James Checkcap from Glassnode: Bitcoin’s performance independent of gold or silver slowdowns. Bitcoin gold ratio at 20x, but could halve to 10x per Mike McGlone’s analysis. Despite gold hitting $4,533 and silver $77 all-time highs, Bitcoin at $87,613 reflects 30% drop from $125,100 peak. Bitcoin gold ratio trends: Current 20x level faces 50% drop risk by 2026 per experts. Glassnode, Bloomberg insights on BTC vs gold performance. Explore predictions now! What is the Bitcoin Gold Ratio? Bitcoin gold ratio measures Bitcoin’s price relative to gold’s price per ounce, currently around 20, with Bitcoin at $87,613 and gold near $4,533. This metric highlights their relative performance amid market shifts. Glassnode lead analyst James Checkcap emphasized on X that Bitcoin can maintain upward momentum without requiring slowdowns in gold or silver prices. Can Bitcoin Outperform Gold Independently? James Checkcap, lead analyst at Glassnode, asserted that Bitcoin’s strength does not hinge on precious metals weakening. In a recent X post, he noted those assuming otherwise misunderstand these assets’ dynamics. Macro strategist Lyn Alden echoed this on a podcast, rejecting the notion of Bitcoin and gold as direct competitors. She highlighted recent surges in the Bitcoin gold ratio due to gold’s strong year versus Bitcoin’s flatter trajectory, yet both possess robust long-term drivers like scarcity and institutional adoption. Bloomberg Intelligence Senior Commodity Strategist Mike McGlone offers a contrasting view, predicting the Bitcoin gold ratio could fall to 10x by 2026, halving from current levels even if Bitcoin’s USD price stabilizes. He links this to…

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Filed under: News - @ December 28, 2025 9:20 am