Published 27 Jul 2026, 16:30 UTC · fetched 13 Oct 2026, 05:55 UTC
Michaël van de Poppe
@CryptoMichNL
The current valuation of #Bitcoin vs. Gold is the lowest it's ever been. The current valuation of BTC/Gold vs. the Global Money Supply is also the lowest it has ever been. It's never been out of the 2-sigma bands, however, over the past few months, it dropped out of this framework. The primary reason for the breakdown is very easily to understand: - 10/10 broke the markets entirely and liquidity was sucked away from the markets into other assets. - Gold has seen a tremendous rally, triggering a ton of upside for that asset class, dragging even more liquidity away from #Bitcoin. As the recent AI and IPO hype has swiftly faded away, I would assume that liquidity will be sucked back into the markets. #Bitcoin is currently perhaps the cheapest it has ever been. The current fair value of #Bitcoin swims at $150,000-200,000 and I'm sure that we'll see this happen in the next 12 months.View original on X ↗
Deterministic: the same prices and policy always give the same result
unscored Awaiting manual review
Only the end-of-horizon price counts. A brief move followed by a reversal is not a success. Read the methodology
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