In previous times of turmoil, any investor was considered wise to place money into gold vs. fiat or any other investment vehicles. However, this comes with many issues, including accessibility, transportation, etc. So, in my opinion, Bitcoin (with its limited supply coupled with high demand, easy access, and easy transportation) will become considered the safest of the "safe-haven" assets. This chart shows the performance of Bitcoin breaking trend, while invalidating a bearish pennant, during a time when one would assume that money would be moving into Gold instead. For me, personally, this shows that this shift is starting to play out. And, while there still may or may not be a rise in $BTC, the value-loss potential of Bitcoin will become much lower, compared to all other assets.
**This is my opinion based on data. This is not financial advice.**
**This is my opinion based on data. This is not financial advice.**