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Analyst Michael Van De Poppe Says Gold is Overvalued Relative to Bitcoin

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Bitcoin news: Analyst Michael Van De Poppe says gold is overvalued compared to Bitcoin. He cited the RSI, which has dropped below 30 for the fourth time in history—marking past bear market bottoms in 2015, 2018, and 2022. Bitcoin’s price currently sits at $85,583, 5.4% lower in a week, with a wide gap from its 20-week moving average. Van De Poppe also warned the four-year Bitcoin cycle theory will likely fail by 2025. Traders are advised to keep an eye on altcoins to watch amid potential market rotation.
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