Bitcoin Flips Gold Per Kilo—But Old-School Safe Havens Aren’t Dead Yet

Bitcoin just bulldozed past gold’s per-kilo price—another notch in crypto’s belt. Yet gold’s still the OG safe haven, according to MEXC’s COO. Guess some investors still prefer shiny rocks over digital scarcity.

Volatility? Regulatory whiplash? Who cares—BTC’s eating traditional assets for breakfast. But let’s be real: gold’s 5,000-year head start isn’t crumbling because of a few crypto bros and their laser eyes.

Funny how ’store of value’ arguments get quieter when BTC dips 20% in a week. Maybe that’s why pension funds still hoard bullion instead of memecoins.

Bitcoin could be at $150,000 by year’s end: Tracy Jin

Despite gold’s relatively strong performance, Jin believes that Bitcoin is in a good position to grow further. Compared to traditional markets, Bitcoin has shown resilience, and investors are increasingly starting to view it as a SAFE haven.

“Bitcoin, however, is showing resilience. The asset has posted six consecutive weeks of growth, closing NEAR $106,500. The $105,800 level is a key resistance zone: a confirmed breakout could open the way toward $109,000, with optimistic projections reaching $130,000 in Q3 and potentially $150,000 by year-end,” Tracy Jin, MEXC.

Long term, there’s still significant potential for growth, especially if investors start using Bitcoin as a safe haven and a hedge against inflation. For instance, Jin pointed out that Bitcoin’s market cap is still well below gold’s, at $2 trillion compared to $21 trillion.